Hot Listing

Long Established Pallet Manufacturer and Salt Distributor

Asking PriceNot Disclosed

Cash Flow
$692,000

EBITDA$446,000

Gross Revenue$3,400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave
Hot Listing

Long Established Pallet Manufacturer and Salt Distributor


Asking PriceNot Disclosed

Cash Flow
$692,000

EBITDA$446,000

Gross Revenue$3,400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Located in Georgia, the Company began operations in 1978 servicing the agricultural industry with salt and minerals. In 1988, the owners extended their business to serve the golf cart industry with pallets. It may seem unconventional running these two businesses together; however, the synergism and compatibility of both the salt and pallet businesses support each other, as well as their customers, with distinct business elements and resources.

The all-inclusive, broad line of salt products the Company distributes and sells are used in the production of food, chemical processing, deicing, agricultural feed, and industrial and residential water softening markets. Surprisingly, meeting customer applications with the proper salt can be a technical issue, and the Company has the specialized experience to match the correct salt with the application requirements of its customers. And on the pallet and wood packaging side of the business, the Company manufactures new pallets, repairs pallets, produces specialty pallets, and distributes pallets and wood packaging to meet unit-load solutions to the industries it serves. In 2022 their 44% of their revenue was attributed to Pallets and 56% of revenue to salts.

INVESTMENT APPEAL
Superior Name and Reputation: The Company enjoys a long-standing reputation for the quality of its products and services, expertise, dependability, and superior customer support. The Company’s reputation in the industry is the result of conducting business with a philosophy that is supported by professionals, principals, values, and ethics. As a result, the majority of their business is from repeat business and referrals.
Strong Client Relationships: The Company is proud of its strong ties to clients and its reputation for quality work and client service. Evidence of these relationships is shown in nearly 100% rate of repeat business. The Company’s top five clients have been working with the Company from a minimum of 6 years to a high of 24 years.
Management Will Remain through Transition: To facilitate a successful and orderly transition, the current owners are willing to remain with the Company for a transitional period.
Outstanding Growth Opportunities: Several opportunities exist for the Company to significantly increase revenue and profit, including leveraging the Company’s proven reputation to pursue and penetrate new and existing markets. These opportunities are easily attainable given the appropriate investments in capital and human resources.
Listing Info
ID
2229581
Listing Views
3694
Attached DocumentsAttachment Disclaimer

67367_Profile.pdf


Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Emil Nirkis Generational Equity, LLC

Listing ID: 2229581 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.