Plastics Packaging

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This listing is: Closed

Background

BizEx ID:BizEx1271-AK
General Location:San Fernando Valley, CA
Category: Manufacturing
Years in Business:37
Under Present Owner:7
Hours of Operation:7:30am-3:40pm mon-fri
Owner Hours:6:30am-3:40pm mon-fri
Training:4 weeks @ 20 hours
Organization Type:C-Corp
Lease Expiration:3/2020
Lease Options:
Building Size:8,000
Employees:3
Reason for Sale:Moving Out of State

Financials

Asking Price:$199,000
Down Payment:Negotiable
Gross Sales:$545,517
Discretionary Cash Flow:$114,479
FF&E:$165,000
Inventory Included?No
Inventory:$25,000
Min. Operating Capital:$35,000
Real Estate Available?No
Rent:$10,000
Payroll:$6,500

2022 2020 2021
Gross Sales $ 545,517 $ 320,320 $ 494,971
Gross Profit $ 364,917 $ 254,201 $ 326,361
Disc. Earnings $ 114,478 $ 47,578 $ 108,125

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations