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Well-Established Manufacturing, Repairing, Recycling - Shipping Pallets Business In Cumberland County For Sale

Cumberland County, New Jersey, US
Freehold Price:
$4,500,000 Inventory / Stock included
Lease Asking Price:
$3,900,000 Inventory / Stock included
Sales Revenue:
$8,400,000
Cash Flow:
$1,300,000

This is a well-run and well- established wood pallet business serving various retail, distribution, paper, pharmaceutical, & automotive related industries primarily throughout the Delaware Valley. The business enjoys strong sales, good margins, and excellent net income. The day-to-day operations are run by the owners with trained and reliable team members in place. It is strategically located and situated on 14+ acres, allowing room for substantial growth. The property, which is available to lease or purchase, consists of business office, various sections for inventory, trailers, trucks, manufacturing outbuilding stations, lumber, and repair and maintenance

The business specializes in building standard and custom pallets with new or recycled lumber, as well as recycling or repairing existing pallets and offering various pallet services including removal, modification, and heat treating for compliance. The offer a high level of service and attention to detail for clients.

The highly experienced owners are planning for different paths and timing to retirement or semi-retirement. They are available to stay on for one to several years and are looking to support a new owner over time to help ensure a smooth and seamless transfer of ownership with employees, vendors and customers. The company has a strong repeat and referral business to build on with excellent growth potential.

Property Information

Real Estate:

Available as lease or with real property included

Lease Terms:

Lease will be available for a buyer who does not want to purchase the property. Rent is 5000 a month to start. Triple Net

Location:

Commercial site, 14+ acres in South Jersey

Premises Details:

Large site with over 14 acres and room to expand. Manufacturing is done outside with open ended workstations

Business Operation

Expansion Potential:

expansion potential is very good with additional marketing efforts and added staff or shifts.

Competition / Market:

competition is fairly stiff but the demand for products and services is strong. Reputation for consistent quality and reliability is paramount to growth.

Reasons for selling:

partnership changes and plans for retirement and/or semi-retirement. Seller willing to stay on to help run the business after a sale if needed.

Trading hours:

Mon to Fri 8 am to 4 pm, Some Saturdays

Employees:
35 to 40
Years established:
2008

Other Information

Support & training:

Sellers will provide full training and ongoing support as needed. Sellers will stay on short or longer term to run the business or assist with a transition as needed.

Financing available:

bank and or SBA terms are pending

Furniture / Fixtures value:
$175,000
Inventory / Stock value:
$125,000 - included in the asking price
Lease asking price:
$3,900,000 - Inventory / Stock included