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Y. MacGregor (Nov 2017)
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Freehold Price: £500,000 Price Reduced Annual Turnover: £760,000
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Business Description


Intelligent Business Transfer are delighted to have been appointed as sole selling agents for this well known and extremely well established manufacturing business that has traded successfully for over 50 years.

The business is extremely well respected nationally within the plastics industry.

The current product range offers extruded polythene film from 17mm up to 920mm wide, in most colours, high or low slip, also EVA up to 24%, in gauges ranging between 25 micron and 250 micron. The film can be printed on one or both sides in up to four colours - more in half tonnes.

Specialities include: radius base bags, puppets, gloves, one gallon containers, Christmas stockings, garment covers, hoods, bath liner sheets, swab bags, multi-pocket compartment bags, bags perforated on the reel with one face pre-opened for automatic packing machines and drawstring bags. The business is virtually unrivalled in its position and has been in the hands of the same family since inception, with most of the staff working for the business for decades.

The business is to be sold alongside a large and practical Freehold unit. The sale is also inclusive of a large amount of fixed assets and a tangible amount of regular production contracts that provide consistent revenue and profits for the business. Currently the business has a turnover of just over £700,000. This produces average profits in excess of £100,000 after adjustments.

The reputation that the business has is second to none, which allows the business to grow and fuel its consistent turnover without the need for advertising. The business currently operates in the son of the founding owners hands alongside a hugely competent team of staff.

The business offers an excellent opportunity for any purchaser with the will to develop a strong existing platform that has been created by the existing ownership.
Number of Employees: 15

Tenure: Freehold

Listed by: Intelligent Business Transfer

Find out more about this business opportunity.

 
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