Manufacturer of Plastic Thermoformed Packaging

Status
Available
Client Number
A288
Executive Summary

The Company manufactures and designs thin gauge plastic thermoformed packaging products for customers in the electronics, automotive, cosmetics, medical, pharmaceutical, agricultural and other industrial and retail product markets.  In support of customer requirements, The Company provides design engineering, prototyping and production of custom formed trays, clam shells and blister packs with assembly, pad printing and fulfillment services.

Sales are generated through the company’s nearly 25 year reputation for providing attention to challenging customer needs with highly regarded craftsmanship to a diverse customer base.   The company sees strength in all segments of industries served as consumer demand recovers into 2021.  Besides a company website and word of mouth marketing, sales efforts remain largely untapped and offer a significant opportunity for the right buyer.

This business is expected to be an excellent fit for a manufacturer looking to add capabilities or as an add-on for a strategic buyer who has compatible customers or geographical fit.

Financial Information
Financial Metrics
2020 projection 2019 2018 2017
$1,900,000 $2,545,086 $1,934,367 $2,196,397
$180,000 $271,364 $2,902 $178,272
EBITDAS: Earnings Before Interest, Taxes, Depreciation, Amortization and Owners Salary.
Deal Structure
Price
Open to Offer
Company Assets

Equipment list available upon request

Other Information
Ownership Type
S Corporation
Facilities

Facilities:                               12,000 Sq. Ft. owned by seller

Employees

18

Location:                               Mid-West

Established:                          1998

Ownership:                            “S” Corp

Facilities:                               12,000 Sq. Ft. owned by seller

Rent:                                      $7,000  

Hours of Operation:            7AM – 5 PM Monday – Friday

Employees:                           18

Reason for Sale:                  Retirement

Training:                                The owners will assist the buyer during a customary transition                                                                            period and one partner may stay on with the company for an agreeable term.