Hot Listing
Growing OEM Brand Manufacturer
Business Description
Business was founded in 1968 and has built a world-wide reputation for high quality manufacturing and converting of paper, paperboard, and polymer plastic products. The company has a strong and long history, reputation and ever-expanding capability for design, development, manufacture and distribution of thousands of products sold across different product markets; from proprietary branded consumer products, to Private Label products for resale, to OEM of commercial supply items, to sometimes highly-technical products used within professional disciplines.
About the Business
- Years in Operation
- 57
- Number of Employees
- 50
- Currently Relocatable
- Yes
- Facilities & Assets
- Business owns and occupies a modern, heavily built, fully sprinklered, high-cube concrete building of 80,000 square feet. 50,000 amp electric, fully a/c office space; automated/rotating racks & conveyors; 4 trailer-height docks + 2 bay doors at grade. Vast array of paper and plastic converting equipment: (die)cutters, sheeters, folders, gluers, rewinders, staplers, trimmers, laminators, applicators, printers, rotary presses, ultra-sonic and thermal welders, material handling and packaging, and shipping equipment. Much too much to list here - Extensive!
- Market Outlook / Competition
- The company’s customer portfolio and zero debt-load translate into stability even during challenging times. Concurrent engagement in multiple marketplaces and channels enable firm financial footing - while one segment may ebb, another might flow. Customers within national, state and local governments; municipalities, private and public institutions, culturally and historical sites and museums. Commercial resale, private label, or OEM customers. End users served directly, through brick & mortar, and increasingly through e-commerce platforms, Amazon.
- Opportunities for Growth
- Significant growth exists overseas and is one of the company’s fastest growing segments; with stocking distributors in Canada, Mexico, United Kingdom, South Korea, and Australia. The company has many smaller resellers across the world. Notwithstanding, enormous opportunity exists to expand distribution overseas. Domestically, huge potential growth exists through Amazon - a route the company hasn't directly addressed. Servicing Amazon directly (instead of through dealers) would quickly add between $7 to $10,000,000 in revenue at 50%+ in margin gain.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 80,000
About the Sale
- Seller Motivation
- Owner wants to pursue other interests and successfully transition business.
- Transition Support
- Owner will be glad to assist in a transition - as would senior staff who are nearing retirement age. New ownership has an opportunity to build their own team whilst current staff head toward retirement. Middle managers downward are still years away from retirement and where “the rubber meets the road” skills wise. They are all exceptionally good, helpful people.
- Financing Options
- Depending on values, will consider retaining up to 20%.
Listing Info
- ID
- 2341588
- Listing Views
- 4099
Attached DocumentsAttachment Disclaimer
Listing ID: 2341588 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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