Sectors / Category

Annual turnover

  • Mandate: 31480
  • Added: 27 Oct 2017
  • 1329

Well-known Profitable Packaging Supply Company

Western Cape, Garden Route
Mandate 31480
Added 27 Oct 2017
R 15,500,000* ZAR
Stock: R 5,000,000
Assets: R 2,550,000
R 239,849 ZAR
Corne Booyens
Aldes Pinnacle
Western Cape
Western Cape

This very profitable, mature company is still showing a year on year growth after 20 years in the industry. All the processes and procedures to source the best quality products at the lowest prices are in place. Still huge opportunity for growth and expansion.

Well-known Profitable  Packaging Supply Company
R 15,500,000* ZAR
Stock: R5,000,000
Assets: R2,550,000
R 239,849 ZAR

This very profitable, mature company is still showing a year on year growth after 20 years in the industry. All the processes and procedures to source the best quality products at the lowest prices are in place. Still huge opportunity for growth and expansion.

To gain access to more business info
please supply us with your details below

Fully describe the business's activities?
This is a well-known packaging supply business in the Garden Route. They stock an extended range of packaging supplies such as boxes, bubble wrap, bottles and containers. They also offer baking supplies and quality yet affordable cleaning materials. They supply to wholesalers and retailers as well as the general public.

How long has the business been established?
The owners established the business 20 years ago.

How does the business operate on a daily basis?
Orders are delivered daily. Once a week the truck collects goods. The shop that supplies to the public is well-known and most people in town shop there for any packaging requirements that they have.

How are the clients attracted to the business?
The business is very well known in the surrounding area and they rely mostly on word of mouth referrals.

Does the business have any contract work?
They do not have any contract work as such but they have about 2000 wholesale and retail clients that order from them on a regular basis.

What competition exists?
No competition in town but other packaging companies in neighboring town. This business is however able to provide the products at a substantial lower price than the competition.

What are the seasonal trends?
Although seasonality has no significant impact they are busier over the summer holidays starting in November up to about February

Is the business VAT Registered?

What VAT documentation is on file?
All that is required

Are there up-to-date Management Accounts available?

What Balance Sheet and Income Statements are available?
February 2017

What percentage of the business is cash/credit?
About 40% is credit

What is the age analysis of the debtors book?
30 days

Is Seller finance available and for what amount?

What is the total staff complement?

Give a breakdown of staff/ functions/ length of service?
4 Cashiers 2 Buyers 1 Marketer (focusing on development of WebSite at the moment) 1 Telephone 1 Manager 3 Drivers 11 Store men

Are they on contract?

Do any have management potential?
Yes two of ladies have been working for the company for many years and they are capable to manage

How involved is the Owner in running the business?
Husband and wife team. Husband not involved on a full-time basis.

When does the current lease end?
The premises consists of a shop and a two warehouses. They rent the shop and the current owner owns the warehouses. The buyer will be able to rent all premises for a 3 or 5 year period.

What is the annual escalation %?

What are the trading hours?
Monday to Thursday 08:00 - 17:00 Friday 08:00 - 16:00

What is the square meters of the business?
Shop 700m2 Warehouse 525m2 Warehouse 200m2

Is a copy of the lease available?

Do you require a licence?

What lease deposit and/or other surety is required?
One month rent

What are the main assets of the business?
Truck, 3 x Delivery Vehicles, Fork Lift. The delivery vehicles as well as the big truck will be housed in the one warehouse.

Are any items not included in the sale?

What is their overall condition?

Do any require repairing?

How have they been valued ?
All vehicles book value, rest owner valued

Which assets are on lease/HP and with whom?

Are they presently insured?

This is a well established, very well-known and respected business that is still showing year on year growth. The products meet a basic need that will always be in demand.

Owners did not utilize opportunities last few years as they did not care to grow the business any more.

More attention can be given to marketing. Some representatives can be appointed to do direct marketing. All systems are in place (delivery vehicles etc) to expand the delivery area. Can open on Saturday - huge demand to open on Saturdays- extra 4 days trading.

None that can be seen

What is the reason for the sale?
They would like to retire

Why is this a good business?
All processes and procedures from sourcing the best quality products at the cheapest prices to the delivery from suppliers and to buyers are established. The public love the shop and all that they offer. It is perceived as real value for money. Older than 20 years.

Other listings by Corne
R 1.89MZAR
Added : 4 Dec 2018 175
Yearly profit : R419,340
Western Cape
R 1.40MZAR
Added : 28 Aug 2018 285
Yearly profit : R431,256
Western Cape
Added : 19 Jul 2018 669
Yearly profit : R341,004
Western Cape

Aldes Pinnacle

2 members
16 active mandates
Western Cape
8 Malva Street

Our experienced cross industry brokers are
waiting to assist and guide you…

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 8.10MZAR
Added : 4 Feb 2019 99
Yearly profit : R2,316,070
Western Cape
R 18.01MZAR
Added : 9 Nov 2018 350
Yearly profit : R3,317,296
Western Cape
R 8.90MZAR
Added : 12 Apr 2018 1620
Yearly profit : R2,022,331
R 10.60MZAR
Added : 1 Mar 2018 2323
Yearly profit : R3,952,216
R 19.90MZAR
Added : 11 Jun 2017 2286
Yearly profit : R6,438,665

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

Added : 14 Feb 2019 721
Yearly profit : R442,259
Added : 13 Feb 2019 40
Yearly profit : R240,245
R 1.25MZAR
Added : 12 Feb 2019 79
Yearly profit : R236,577
R 2.30MZAR
Added : 7 Feb 2019 104
Yearly profit : R979,940
Added : 6 Feb 2019 180
Yearly profit : R459,669
Added : 1 Feb 2019 175
Yearly profit : R1,188,784
Added : 1 Feb 2019 143
Yearly profit : R254,209
Added : 1 Feb 2019 153
Yearly profit : R244,902