Wholesale Engineering Plastics Supplier

NSW
Asking Price $795,000
About
Engineering Plastics Supplier

Established in 2007 & now seeking retirement, our client specialises in engineering plastics solutions.

They offer a large range of thermoplastic & associated services such as rod, sheet, machined & fabricated parts.

As a leading engineering plastic supplier their range of products are of the highest quality sourced from reputable European suppliers.

They are best known for the supply of accurately cut semi-finished plastics and of quality fabricated parts & machined components.

Their plastics solutions are tailored to many applications. Industries such as food processing, water treatment, packaging, mining & chemical are currently being serviced by our client.

Key Features;
- Offer advise on materials, tech support & on-site measuring.
- Large levels of repeat business
- Destination site for their products & services
- Well established market position and customer base
- Significant growth potential
- Owner will offer ongoing support as required.
- Handover & training period available

What You Need to Know;
- Turnover; $1,600,000 (2023)
- Adjusted Nett Profit; $311,480 (approx.)
- Rent; $65,000/year +GST (& outgoings)
- New Lease available to new owner
- Asking Price; $795,000+SAV

Further information & financial history will be provided after Confidentiality requirements have been completed.
Ref Num: 20769
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