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Relocatable Packaging Equipment Business with £60,000+ Net Profit for Sale

Solihull, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    04/09/23

  • Advert ID

    519081

  • Reference

    11260 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £175,000
  • Rent: £13,500
  • Turnover: £253,710 (£4,879 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited
  • Accounts Available
  • Established Business
  • Fully Fitted
  • Retirement Sale

Business Details

Established Business specialising in the sale of packaging equipment including heat sealers

Established in 2000 the company specialise in selling a comprehensive range of packaging equipment to a wide range of business sectors including food, medical and manufacturing. These machines include hand operated plastic bag heat sealers foot pedal operated heat sealers and vacuum sealer equipment mainly through an online shop and delivered to the buyers. The business operates from premises in Solihull on a licence with a rent of around £13,500 per annum but could easily be relocated to anywhere in the country. Net sales for the business for the year end April 2023 were £253,710 with a net profit over £60,000. The business is operated by the owner on a part time basis and a full time manager Monday to Friday 9.00am to 5.00pm. They have over 4,000 customers on their database and most purchases are made online including spares and accessories. The owner is selling due to semi retirement and there is a great opportunity for any new owner to improve on the current turnover.

The opportunity exists to acquire this supplier of packaging materials and accessories business located in the West Midlands region and is a successful and respected supplier for its customers and clients many of which have been customers since the earliest days of trading.

It operates in the commercial and industrial sectors varying from confectionary to aerospace. The business is trusted and much relied upon and is considered a leader in its respected field supplying its packaging products both locally and nationally.

It has built its name on superior customer service, top quality project delivery and unwavering reliability and all with little marketing or direct sales. The business is well established, prudently managed and with an enviable client and customer list.

It is extremely well placed to benefit from new owners who wish to build on this credibility and expand the business activities both geographically and in the scale of products supplied.

The business has shown itself to be robust during some tough economic times and is well placed to take advantage of its reputation for products and services combined with increasing levels of demand, so much so that the current owner believes that with new impetus the business could double its turnover in as little as 24 months.

The business operates from modern premises with office facilities located in Solihull and offers easy access to all the main motorways throughout the area including the M42, M5 and M6. The premise has a modern office and a flexible warehouse with 24 hour access and a shared reception.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Established Business specialising in the sale of packaging equipment including heat sealers - 11260 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.