Here is a packaging company that provides a wide range of packaging and cleaning solutions.
From home to large industry and agricultural, the product range is relevant and extensive.
Committed focus on customer satisfaction, based upon the premise of stock relevance, availability and affordability, has secured resilience in tough times, with positive growth. Cash and Carry style business has grown, enhanced by retail generators, such as Father’s/Mother’s Day, Christmas, Pesach, Valentine’s Day and of course the schools !
Off a turnover of over R22m in the year to Feb 2023, the expected net discretionary income can be close to R3m.
Standard systems and controls are utilised, which permit the owners to enjoy an upper level of work-week flexibility.
Reliable and well-trained staff, with limits of discretion and authority in place make this business an attractive option for the investor.
There is an option to purchase 50% of the shares.
The asking price excludes VAT and stock.