Description

Manufacturing business supplying Australian made plastic containers, on a mainly wholesale basis, to established customers, with smaller retailers comprising 20% of sales - Catalogue has an extensive listing of over 55 products including storage containers, retail food grade containers and household plastic items - The vendor continually updates the plant and equipment and there is a strong emphasis on purchasing machines with latest technology and efficiency, with two new machines worth $300,000 added July,2024- Over 100 moulds are included - Plant and equipment is valued at over $2,000,000 overall - The premises are sited on 1214 sq. mts. land area with high clearance building of 1008 sq. mts. floor space, access via two roller doors and fully fitted out office.- Located in an established light industrial area of Western Sydney. the new lease commenced on 1st December, 2022 + 3 + 3 years, 4% increases and 3 month bond. - Capable of quick turnaround of orders, with larger orders easily handled with an increase in shifts worked. Annual revenue $1,500.000 p.a - Annual Profit $400,000 p.a - Stock $65,000

Potential

Features

Established and strong relationship with customers - Great location - New equipment and machinery - Well established - Australian sourced and manufactured product - Strong current inquiry for products. - Limited Australian-based competition - Extensive product range - Excellent margins.

Premises

Location

Trading Hours

Lease

Employees

1 owner + 4 casuals day shift + 3 casuals night shift.

Comments

SBX ID

CB1447