No photo available
This flexographic label printer has been established for well over 50 years and the current owner is looking to retire. Currently the majority of the labels are sold into the pharmaceutical industry, but there are numerous other industries they sell to.
Most of the production is done on Webtron 650 presses with 6 colors, but they do have an under-utilized Aquaflex 8 color press. The business also operates on just one shift with plenty of extra capacity just on the first shift.
The business operates on very strong margins. Adding another $1 Million in sales requires hiring just 2 more employees and would increase cash flow by about $400,000.
The business is in need of a Buyer who has a background in sales as the company has not brought in many new accounts in the past 5 years largely because the owner is more of an operations person with an engineering background.
There is strong existing base of customers and they seldom lose a customer as they are well known for their quality work and dedicated service to their customers needs. There are a total of 9 employees which includes the owner and all employees have been with the company for 5 to 20 plus years.
This business is located in a 10,000 SF facility that the seller also owns he does have a preference to sell the business and real estate together. Purchase price is an additional $1.45M
This business shows very well and it can easily be grown, not to mention it is located in a very desirable part of the country to live.
Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.