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Apr 17, 2020 — With more than 40 years of combined experience in the corrugated carton (fiberboard) manufacturing business, this manufacturer is certified by the General Services Administration (GSA), the Defense Logistics Agency (DLA) and the Government Contract Packaging House (Cage code 75ZL6). Their products meet or exceed all specifications and all particular requirements of every order with the utmost attention to the smallest details. They offer a government specialist on staff help guide you through the process of government packaging needs.
They offer contract and Military Spec packaging, Export Packaging. They will customize to meet the needs for specialty boxes, standard and special packaging design for both Standard and Military Spec Packaging Materials, including Anti-Static Wraps and Cushioning Materials, Fire Retardant Materials, Corrugated Packaging Boxes, Sheets and Foam Inserts.
Sales Price: $1,000,000
Down Payment: $600,000
Discretionary Earnings: $478,673
Total Sales: $1,065,000
Location: Jasper, GA
Employees: 1 Manager, 5 Full Time
Year Established: 2000
Category: Corrugated Manufacturer
The manufacturing and offices are located in an industrial park. The facility houses all of the manufacturing and the head quarter offices.
• (1) loading dock
• Room for tractor trailer to turn around in
• Room for expansion approximately 10,000 additional square feet available
• (5) Offices
• (2) Rest Rooms
• (1) Kitchenette
Facility Size: 11,720 square feet
Lease: 3-Year Term
Lease Start/End Date: July 2018 – July 2020
Monthly Rent including Utilities: Average $4,900/mo
The business has a contract with GSA (General Services Administration) through 2023 for specialty boxes designs for Military Spec packaging. The company has had this business over 18 number of years. With the strong working relationship that the business has had with GSA over the years, it should not be difficult in getting the contract extended and put under a new Tax ID. There are other corrugated box manufacturers in the industry but none as specialized as this business is this area.
Growth & Expansion:
All of the business has been grown from inside sales and customer support. Hire a sales team to go after other markets such as the manufacturing businesses. Currently, the company is only marketing its business through its website. Launch a social media campaign utilizing the internet with Google Ad words, SEO, keyword searches, Facebook and the review sites. Aggressively market the GSA contract and begin the process of acquiring a new contract under new ownership. Purchase a Die Cutter to be able to take on large orders and Die Cut business.
The owner is willing to finance 40% of the sale price.
Support & Training:
The current owner will provide up to 8 weeks of training for a smooth transition with a new owner. The owner is willing to stay on longer, which can be negotiated with a new owner.
The owner is ready to retire.
Disclaimer: DealStream has not independently verified any of the information in this post and makes no warranty as to its accuracy or completeness.