SOLD – Sustainable Food Service Packaging Solutions – Melbourne, VIC

Description

TURNOVER: $1.046M – MULTIPLE INCOME STREAMS – ENDLESS GROWTH OPPORTUNITIES

This profitable business offers a complete end-to-end sustainable food service packaging solution to a range of customers.

A leading supplier in the growing eco-friendly compostable packaging market, and still small enough to remain nimble in an ever-changing environment.

It is one of the few to specialise in this field, with no traditional oil-based packaging as part of the product offering.

• Supplies internationally/domestically manufactured packaging to a large variety of retail customers.
• Supplies domestic wholesalers (resellers).
• Sources and supplies compostable custom print and custom retail packaging to end users and wholesalers (resellers).
• Offers an organic waste collection service to enable diversion from landfill and to create a circular economy to support packaging sales.
• Customers include cafes, bakeries, restaurants, childcare centers, aged care centers, food processors/manufacturers, food trucks, coffee roasters, offices, pubs/clubs and wholesalers (resellers).
• Excellent Industry reputation – 5 out of 5 Star Google reviews – Limited competition offering an entire end to end solution.
• Hugely benefiting from recent government enforced plastic bans.
• Central location – good access/rates to third party freight.
• Excellent Assets – including a Van and a new 1.8t forklift.
• Website with easy online ordering, fully integrated stock management software system, and more.
• Genuine reason for sale.

This business has endless opportunities for growth as the market is currently growing exponentially.

This is due to several factors – such as the Federal government nationwide imposed plastic free bans coming into force (100% of packaging is to be reusable, recyclable or compostable by 2025).

It is also due to increased consumer awareness – and demand.

Additionally, growth can be achieved by easily extending the product range to include additional cleaning and washroom products, recyclable food packaging, and other consumables.

Price: $450,000 + SAV