Active
Quality Converting Shop Offers Cutting Services and More! (17966)
Serving Delaware, Maryland, New Jersey, New York & Pennsylvania, this B2B company provides sheeting, slitting, trimming, shrink wrapping and die cutting services.
- Thanks to strong client relationships in private and public sectors, clients include manufacturers & distributors focused on air & gas, sealants, beauty products and multiple non-woven materials.
- Keeping direct connection with major manufacturers & distributors, skilled team is likely to stay post-purchase to assist in transitioning.
- Supporting all industry requirements, shop cuts various products down to specified size, such as filter materials & disposable cloths, for packaging and selling.
- Sales are stable projecting $495K for 2024; 2023 Revenues totaled $505,492 with Discretionary Earnings of $122,689.
- All inventory is provided per project, no overhead!
- Regularly maintained machinery is capable of handling many jobs at once!
- Production facility measures 21,000 square feet and includes a dedicated office space with ample warehousing.
- With operational flexibility, the business can adapt to meet changing production needs and respond to industry demands with agility or expansion opportunities promptly.
- Extensive potential to maximize outreach through strategic advertising efforts.
Listed By: Larry Anderson
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Background information
Seller Number:
17966
Year established:
1986
Reason selling:
Approaching retirement and/or pursuing other interests.
Operations
Employees:
4 nonunion.
Equipment:
Range of $175K - $200K.
Inventory:
No overhead.
Premises
Facility:
Leased.
Square footage:
21,000+/-
Opportunities
Market:
Referral Sources.
Price and terms
Price:
$370,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
Standard acclimation period.