Business DescriptionBased in Sydney’s western suburbs, this business specialises in making paper bags. These include paper bags used by liquor stores, take away shops, bakeries and other retail style businesses.
The business has four paper bag manufacturing machines. Each of these machines has in-line colour printing capability. As a result, the organisation can print branding and other information onto paper bags. This allows customers to promote their businesses and their brands using the paper bags that they buy from this organisation.
With the ever-increasing pressure to move away from plastic bags and protect the environment, it is likely that the demand for paper bags will increase. As such, this business, with its environmentally safer products, is likely to see growing demand for its products. The business is already at full capacity with one production shift. A new owner could possibly push the sales side and add a second shift in order to grow the business to the next level.
In each of the past three years, this business has achieved sales of over $1.4 million. For the 2019 financial year, the return to a working owner was $31,000. This is a business that has been experiencing strong demand for its products. It is also close to full capacity at one production shift and is turning customers away. The business could be suited to a buyer with management experience who can turn the business around by growing sales and improving the profitability of the operation.
This business is being offered for sale at $270,000 plus stock (approximately $150k of stock).
This business is being sold through Argus Business Brokers. Please contact David on 0425 329 765 for further information.