Retail Plasticware Warehouse for Sale
About this business for saleRetail Plasticware Warehouse for Sale
On offer is a well-known plastic warehouse on the West Rand which was established 11 years ago and is still being managed by the same owner.
The reason this outlet is available to market is that the owner wants to concentrate on his other business interests after devoting so much of his time over 11 years to manage/establish this well-known profitable business in the community.
This plastic business operates in a spacious,865 square metre warehouse with a wide variety of plastic products and packaging for house/home (home & catering, home organizing, bathroom and laundry), indoor /outdoor(storage solutions, packaging and perishables), baby, kids & toys. Also available is a range of stationery, glassware, cookware, curtain nails, hardware, juices and cool drinks, etc.
The warehouse is well supported by the local community and about 70% of all sales are attributable to clients from the surrounding mining communities. Clients also come from other West Rand towns to visit the outlet.
The store is well-known for their friendly staff and personal contact with clients coming back on a regular basis.
The current average monthly turnover is about R532 000 and the average monthly calculated EBITDA for 2015 and 2016, was R101 238.
The listed price is R1 722 000 which includes assets of R925 000 but excludes trading stock valued at about R2 000 000. This represents a ROI of 29.3% and a payback period of 36 months.
The selling price excludes VAT.
Full financials and asset information is available to serious buyers who have the necessary equity.
This is an exciting opportunity for entrepreneurs to buy an established, profitable plastic warehouse with a wide client base with good growth opportunities to increase turnover/profits further.
For further information, please contact the listing Broker.