Price: $2,900,000
Location: Dupage County
Industry: Food and Related Products
Listing ID: 40730472
Listing Status: New
This is a specialty printer located in Dupage County. They have been in business for nearly 50 years. The business is a printer, converter and supplier of flexographic film products for various purposes, mainly for the food industry. The firm's capabilities include CPP, cellophane and polypropylene from one to six colors. Most of the business is hard candy twist wraps, plus the business also does other niche products such as cigar wrappers, meat tubes and snack bags.
The offering includes a 16,000 square foot building and equipment. Real estate is offered through Realty Markets Ltd. A completed NDA and proof of financial capability is required to move forward. We work with a number of SBA and other lenders. The business is recommended for buyers with prior related ownership/experience.
Down Payment: N/A
Total Sales: $1,000,000
Cash Flow: N/A
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE: N/A
FFE Included: Yes
Inventory: N/A
Year Established: 1978
Year of last Acquisition: n/a
Days & Hours of Operation: Normal business hours. Factory operations have an earlier start time.
Owner Hours Per Week: 40
Non-Owner Payroll: N/A
Employees: 5
Absentee Owner: No
Real Estate: N/A
Real Estate Included: Yes
Monthly Rent: N/A
Square Footage: 16000
Franchise: No
Relocatable: Yes
Facilities Information: The business operates out of a industrial building in a suburban industrial area totally occupied by the business. There is flexibility on the exact deal structure for a new buyer, whether they buy the building outright, physically incorporate the business into their current operations, or lease the facility through a sale/leaseback.
Terms and Conditions?: The building, equipment, furniture and fixtures is included in the offering price. Inventory is usually acquired on a job basis and often is supplied by the customer.
Reason For Sale: Retirement.
Training & Support: Owners are willing provide for a transition for as long as necessary and negotiated.
Historical Summary: The business was started in 1978 and has continuously operated under the same family ownership.
Owner Qualifications: The business would make an ideal add-on for a enterprise already in the industry. It may be of interest to an entrepreneur with experience and contacts in the industry.
Competition: There are competitors nationwide but the business has repeat customers and often adds new customers from referrals.
Potential Growth: Current ownership has not engaged in any active marketing. There is a nationwide opportunity (and even North American opportunity) with the current emphasis on domestic manufacturing.


