Established Business specialising in sales of packaging equipment including plastic bag heat sealers operating from premise in Solihull West Midlands but could be relocated

  • Leasehold Price: £175,000
  • Annual Turnover: £253,710
Solihull, West Midlands, England
Seller Ref:11260
For Sale

Established Business specialising in sales of packaging equipment including plastic bag heat sealers operating from premise in Solihull West Midlands but could be relocated

Solihull, West Midlands, England
Seller Ref:11260
  • Leasehold Price: £175,000
  • Annual Turnover: £253,710

Overview

Seller Ref: 11260

Description

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.

Leasehold Terms:
Secured on a licence with a rent of £13,500
Trading Hours:
9am to 5pm Monday to Friday
Number of Employees:
1
Support and Training:
Full support and training will be given to any new owner
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Similar Listings

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry