Invest in a very lucrative packaging business in SA with an annual growth of over 20%:

Invest in a very lucrative packaging business in SA with an annual growth of over 20%:

Introduction:

• This family business has over many years meticulously built up a packaging business focusing on the industrial/commercial and agricultural sectors and today has a well established and loyal database of returning clients.
• They have through the years created innovative and creative solutions to adhere to their clients needs, including researching new affordable trends in the packaging industry.
• These packaging products include all shapes and sizes of product offerings and is manufactured to the stringent requirements of their clients and hence their growing base of clients.
• The staff members are well trained and experienced to execute the orders received within the time lines set by management and the clients.
• The reason for selling is that the owners wishes to retire, serving the packaging industry with excellence and outstanding client service.
• The owners are prepared to stay on for an agreed time to train a new buyer.
• The buildings (in extent of 2230 sq meters) from where the business is conducted, is owned by the owners and can be purchased for an amount of R22 million.

Finances: 

• Average annual turnover – R35,8 million.
• Average annual COS- R19,6 million.
• Average annual GP- R15,8 million.
• Average annual NP (EBITDA) with add backs R5,2 million.

Selling price:

• R 26,5 million excluding stock- stock amount +/- R1,5 million.