This 20+ year company is owned and operated by the original and retirement aged seller. 2017 sales were over $11,000,000 with owner earnings exceeding $1,300,000. This company separates itself from the competition by offering superior technical support including equipment installation, training services, and preventative maintenance services after the equipment is sold. Sales consist of new machines, film, replacement parts, and service. The business is offered as an asset purchase, free and clear of debt. The seller will train in all aspects of the business and will be available for an extended period of time to ensure a smooth transition. Other highlights include:
SBA loan qualified
Broad customer base
Excellent tenured staff
Deep industrial experience
Turnkey installation service
No customer more than 10% of sales
Clean financials – all numbers are verifiable
2018 First Quarter Sales Exceeded $3,500,000
2014 – 2017 Sales Average of $9,916,954
2014 – 2017 Average Owner Earnings of $973,305
The facilities are more than adequate for the level of business that is being transacted. It is a combination of office and warehouse space.
The company has done little to no advertising or marketing. Internet marketing would certainly be a great way to grow in addition to adding to the sales staff.
There is certainly competition in this industry, but the relationships that this company have developed run deeply.
The seller is of retirement age and would like to fully retire after a successful transition to a qualified buyer.
The seller will train in all aspects of the business and will be available for an extended period of time to ensure a smooth transition.