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Asking Price$1,300,000
Revenue$537,000 Established1990
Cash Flow$193,000 Employees4 full, 2 part
FF&E$300,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
SOLD  - This profitable Ohio business and associated real estate avail themselves to entrepreneurs who are seeking a profitable niche service business.  A job shop specializing in folding, gluing and windowing cardboard (and other types) of printed and non printed packaging, the company serves manufacturers of consumer durable and non durable goods as well as print shops. This business can also provide order fulfillment services.  

Situated in an upscale industrial park on 5 acres, there is plenty of room for expansion.  The modern factory and office building has 24,000 square feet;  12,000 square feet houses the production operation and 12,000 square feet is used for warehousing and shipping.

The business has the capability to do more complex jobs than some of its competitors, and also can turn jobs around in a very timely manner.  

The business has 6 experienced employees, non union.  The owner works from 40 to 50 hours per week.

All equipment is sturdy and in excellent condition, having many years of useful life remaining.  

Owners state that the business has never lost money during their 16 years of ownership.  In 2011, the owner’s Seller Discretionary Earnings were $193,145 from the business operation PLUS another $73,377 Cash Flow from the real estate. 2012 business revenue and profits are expected to be higher than 2011 levels.  

An SBA lender has approved this business and real estate for acquisition financing, contingent upon qualifications of a buyer.
Facilities:Situated on 5 acres, 12,000 square feet was built in 1991 and 12,000 square feet were constructed in 1993.
Training/Support:Training and support will be provided.
Sale Reason:The owners are ready for retirement.
Ad #31700
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Grover Rutter
Grover Rutter Mergers, Acquisitions and Valuations
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