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Midlands-Based Packaging Merchant with Fast Dispatch & Delivery for Sale

Undisclosed

CONFIDENTIAL

  • Turnover: £1,600,000 (£30,769 per week)
  • Profit: On request

Key Features

  • Offers Invited

Business Details

A packaging merchant based in the Midlands

The company is a packaging merchant catering to commercial clients nationwide, offering a diverse range of packaging materials, including cartons, bubble wrap, bags, pallets, tape, stretch wrap and strapping.

Over its years in operation, the company has developed a strong customer base and now benefits from high volumes of repeat business, with some customer relationships spanning 18 years.

The shareholders are offering the company for sale to facilitate changes to their lifestyle.

Offers invited.

Key Highlights

Offers a fast and reliable service to its customers, offering same-day and next-day dispatch and delivery services via an in-house fleet.

Caters to circa 250 commercial customers across a diverse range of sectors, benefitting from high levels of regular repeat business, with some relationships spanning 18 years.

Operates in multiple industries, including the logistics, automotive, engineering, retail and manufacturing sectors.

Working towards creating a more sustainable product range, which could create significant growth.

Operates from shareholder-owned leasehold premises.

Financial Highlights

Draft accounts for YE25 indicate a turnover of £1.5m, with an adjusted EBITDA of £266k.

Generated a turnover of £1.6m in YE24, with an adjusted EBITDA of £255k.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'A packaging merchant based in the Midlands - 156776 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.