MergerPlace

Packaging Equipment & Material Sales

Hamilton, Ohio (Butler)


  • Asking Price: $2,800,000
  • Gross Income: $11,349,500
  • Cash Flow: $1,343,800
  • Real Estate: Not Disclosed
  • Inventory: $265,000
  • FF&E: $10,000
  • Listing ID: #206063
  • Established: 1991
  • Employees: 7

Business Description

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


Business Details

Primary Business Category: Wholesale Trade - Durable Goods
Location: Ohio
Metropolitan Area: Hamilton
County: Butler

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7

Financial Information

Asking Price: $2,800,000
Gross Revenue: $11,349,500
Cash Flow: $1,343,800
EBITDA: $1,343,800
FF&E: $10,000
Inventory: $265,000
Seller Financing Available: No

Property Information

Facilities:

The facilities are more than adequate for the level of business that is being transacted. It is a combination of office and warehouse space.

Growth & expansion opportunities:

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.

Competition:

There is certainly competition in this industry, but the relationships that this company have developed run deeply.

Reason for selling:

The seller is of retirement age and would like to fully retire after a successful transition to a qualified buyer.

Support & Training:

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.

Contact Business Seller

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Business Listed By:

Dan Long

Cincinnati Business Brokers