The customers are manufacturers that mass produce,
fabricate, and print packaging for products and goods for
their clients. This business is remote and operates as a
mobile service, utilizing trucks to transport the necessary
equipment to the job site. Their main focus is the cylinder
of a flexographic printing press which is commonly used in
the packaging industry. They also offer cylinder grinding,
stripping, coating, and repolishing of the part. This niche
business provides solutions for cylinder repair, resurfacing,
and restoration of central impression cylinders [CI]. The
equipment is stored at three different locations,
strategically placed in IN, WI, and AZ, making
transportation efficient. These assets are valued over
$300,000 which collateralizes the loan by 50%. The sellers
are planning for their retirement and in order to mitigate
the risk, the owners have offered 10% seller financing and
will stay on board to train and transition for 1-2 years.
Priced at $750,000, this business has provided both
owners with an excellent standard of living and as a new
buyer, a 10% down payment of $75,000 returns $96,557 in
the first year after debt payments!
- Asking Price:
- $750,000 Furniture / Fixtures included
- Sales Revenue:
- $750,600
- Cash Flow:
- $207,954
Business Operation
- Reasons for selling:
-
Retirement planning.
- Employees:
- Repair manager, who has been with the business for 18 years.
- Years established:
- 2002
Other Information
- Support & training:
-
1-2 years.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
10% Seller Financing $75,000
- Furniture / Fixtures value:
- $302,925 - included in the asking price
- Relocatable:
- This business can be relocated.