Polystyrene Packaging Company For Sale

Business description

Key Points:
Long established reputation
Highly expandable into new sectors.
Turnover of circa £900k and a gross profit of 24%.
Premises offer?s close proximity to a UK major port.
Exceptional modern plant facility enabling high productivity.
Operates from c. 21,000 sq ft high capacity plant, with offices, yard and warehousing.

Price:
OIRO £250,000

Business Activities:
This business was established in 1982 and is a large supplier of single purpose polystyrene products for use in the transportation of fresh food products. The business has supplied quality products for over 20 years and has such build a reputation for providing an efficient, reliable and prompt service. The business is currently 100% reactive to sales.

The business operates from a leasehold 21,000 sq ft factory located near to a large number of customers. The factory comprises all equipment required in the EPS process and utilises five Heitz moulding machines; HF --------. The factory is maintained to the highest standard and benefits from a large stock holding area. The current factory layout will allow for substantial expansion.

The factory currently works a single day shift 5 days per week and concentrates on the supply of products to a single sector. The business supplies some 50 individual customers and no one customer accounts for more than 20% of total turnover. It is envisaged that the capacity of the factory can be increased by at least 50% through expansion into new products and sectors.

The business currently employs 15 full time and part time staff. It is expected that rationalisation of senior management can allow the business to save costs and increase profits. All active members of staff other than the current directors are retainable.

Sale Basis:
To receive further information on this business please click "Contact Seller" at the bottom of this page. We will then automatically send you our Non-Disclosure Agreement (NDA). You will need to print and complete this form and return it to the address on the form. We request this document to protect the confidentiality of our clients.

We unfortunately will not be able to contact you with any further information until we receive this Non-Disclosure Agreement through the post.

Could you also please ensure you add the seller reference number of the business to the NDA so we can identify your business of interest. The reference number can be found at the top left of the business advert and is normally four to five numbers.

We look forward to receiving your Non-Disclosure Agreements.

Property information

Property:

Leasehold