Wholesale Packaging and Chemical Supplier - Sunshine Coast, QLD
Phone enquiries - please quote property ID 31663.
A highly successful wholesale packaging supplies business, netting $218,000 in the 2023 financial year, with one full time employee.
Established over twenty years ago and trading five days a week, this business has consistently returned in excess of 35% ROI, whilst employing only one full-time employee, working approximately 30 hours per week.
This employee's duties cover the full sales cycle, from taking and recording the order, to stock picking, to delivery. He also maintains the warehouse by receiving deliveries and also attracts new customers by either cold-calling new business opportunities, or most commonly, by referrals from other happy customers.
The business owner works remotely from home for approximately five hours per week. Those duties include stock and financial control.
This employee is retiring in November, so the business has a few possible options to consider: either replace the employee and continue to manage the business remotely, or an owner operator could run the operation and increase the net profit, as per the 2023 year, to $285,000.
The business has unlimited potential to expand, as the present owner has neglected to adapt to the current online/digital age. The first thing a new owner could do is to develop a new business website or generate a social media presence and could then reap huge rewards by selling to the public either online, or by turning the premises into a more customer-friendly shop front and receive increased profitability by selling to the general public at an increased mark-up.
The stock level sits at around $100,000, which would be determined at settlement.
The business includes a delivery van and a fully equipped (leased) warehouse, including a walk-behind forklift and pallet racking.
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