IV024 -Specialist Packaging Supplier
Business for sale
Asking Price:
£2,500,000
Turnover:
£7,200,000
Annual profit:
£380,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity.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 Kellogg’s 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 ‘NMBS’ 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 -65%
• Food/chemical/waste/agriculture/etc – 35%
The company operates a networked P.C. system, utilising the ACT client management system as well as ‘Access Dimensions’ SQL based accounting and business management system.
It is also worth noting that the business is ISO 9001:2000 registered.
Employee details
Fulltime staff:
10
Parttime staff:
0
