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Business ID BS896

Plastic Card Supplier Business for Sale - $1,750,000

First Time Offered - Profits $595K+ after allowance for owners’ wages of $220K

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This impressive, well-established & respected business has been operating for over 13 years with the original owners. The business is regarded as a premium supplier of non-financial plastic cards and related products in Australia, New Zealand and the Asia Pacific region. It utilises an established and reliable supplier chain overlaid with best practice quality control procedures.

The business supplies plastic cards including phone cards, gift cards, loyalty cards, hotel key lock and access cards, club cards, association cards, photo ID club cards etc.  to hotels, clubs, loyalty and gift programmes, as well as ID and access industries. It also supplies electronic cleaning cards to major financial institutions and ATM/EFTPOS providers, as well as hotels, clubs, equipment manufacturers, service companies and casinos.

The business operates from rented premises in the northwest of Sydney with a low cost operating environment and employs eight staff (including two owners).

Business Highlights

  • Turnover of $2.5M+ and rising
  • Profits $795K+ (including two owners’ wages)
  • The business has shown growth in revenues, margins and profits with further growth opportunities available
  • Well-established supply chain and operating systems
  • Diversified and well-established customer base
  • Owners willing to provide training/support
  • Established for over 13 years by current owners

This is a stand-out business with some very impressive profits to be made. To find out more about this great business opportunity click here to enquire.

Sales Price: $1,750,000 includes equipment, fixtures, fittings and goodwill plus SAV approx $50K.

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