Specialist Packaging Supplier For Sale

Business description

This well established and diligently managed packaging company are suppliers of high quality FIBC’s (BULK BAGS). The range of packaging products and services are geared to competitively priced solutions. The business has built a robust reputation throughout the sector for personal attention at competitive prices and is totally focused on providing exceptional levels of customer service throughout the process.

Originally being established in 1992, our clients have since developed an enviable and first class reputation for offering a highly skilled and professional range of products to the end user. This has culminated in the company maintaining a rich bank of clients. The group’s reputation is such that they are now referred to and recommended for substantial contracts, from construction products to food ingredients. The business seeks long term relationships with its clients and all divisions of the business are service driven.

The company employs a very proactive target driven sales/telesales team that helps to generate high levels of business.

Many of the company’s clients are long term (over 90% of business is from clients of over 3 years trading) and some have used the services of our client since the company was founded. The Companies client base ranges from small end users through to large Blue Chip clients such as Cadbury and HJ Heinz. The company is one of the leading suppliers of bulk bags to the building and construction industry, holding contracts to supply companies such as ‘Jewson’, ‘Build Centre’, ‘Cemex’ and ‘Tarmac’ to name but a few.

Our client’s customer base extends to 1000 of which the split is as follows in terms of turnover:
• Building/construction industry -70%
• Food/chemical/waste/agriculture/etc – 30%

The company operates a multi server based networked P.C. system, utilising SQL based Accounting and CRM applications for comprehensive business management.

It is also worth noting that the business is ISO 9001:2000 registered (since 2005).

Equipment:

The company owns and operates an inventory of equipment and machinery etc. in the daily smooth operation of its business.

All such inventory is expected to be included in a successful sales package.

Key Strengths:

Amongst the many strengths of this dynamically run business lies the clearly identifiable key strength of simplicity of operation.

The company’s Directors have worked hard over the years to streamline and simplify and professionalise the daily operations of the business and this will be clearly seen upon inspection.

Growth and Expansion:

The company has maintained a policy of controlled growth through cash flow, however it is fully recognised that with some financial investment the businesses turnover could significantly increase. Our client firmly believes that to a strategic buyer there are lots of synergies and complimentary products that could be cross-sold.
Other areas of growth lie within the following areas:

• The waste industry
• The food industry
• The Agricultural industry
• The chemical industry
• Supplying more independent Builders merchants

The above would also allow the company to increase its market share and overall dominance. Although not the largest company supplying FIBC’s it is believed that this company supply more 4-loop FIBC’s than any other.

Advertising and Marketing:

The company has developed and maintained an attractive and easy to navigate Internet Website.

Financial profile:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover is circa £7,200,000, per annum with a net profit (Earnings before interest and tax) of circa £300,000 with Shareholders funds of circa £500,000.

Property information

Property:

Leasehold

Business Operation

Expansion potential:

The company has maintained a policy of controlled growth through cash flow, however it is fully recognised that with some financial investment the businesses turnover could significantly increase. Our client firmly believes that to a strategic buyer there are lots of synergies and complimentary products that could be cross-sold.
Other areas of growth lie within the following areas:

• The waste industry
• The food industry
• The Agricultural industry
• The chemical industry
• Supplying more independent Builders merchants

The above would also allow the company to increase its market share and overall dominance. Although not the largest company supplying FIBC’s it is believed that this company supply more 4-loop FIBC’s than any other.

Competition / Market:

The company has developed and maintained an attractive and easy to navigate Internet Website.

Reasons for selling:

The directors and shareholders have now decided to place this substantial business for sale due to family commitments.

Employees:

14

Years established:

1992

Other information

Support & training:

Full support and any necessary training will be provided during handover as part of a successful sale package.