Business Overview

Over 25 years as a packaging provider, this company is for sale. They pride themselves on being the comprehensive, cost-competitive & innovative agricultural packaging partner. This business supplies packaging supplies for farm-fresh produce to deliver to customers around the world. Many of the packaging solutions and applications have been custom engineered in-house. The business successfully serves vast geography of customers throughout Northern California, encompassing a diverse mix of fruit, vegetables, and other packaging needs. Business warehouses and property are also available for sale. Modular home available on the lot. Additional inventory is available. SA10640

Financial

  • Asking Price: $600,000
  • Cash Flow: $184,131
  • Gross Revenue: $2,667,095
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $40,000
  • Inventory Included: Yes
  • Established: 1997

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The financial amounts are from the first 10 months of 2021. Hours of operation Monday thru Friday from 7 am to 4 pm

Is Support & Training Included:

4 weeks, 30 hours per week

Purpose For Selling:

Retirement

Additional Info

The company was founded in 1997, making the business 25 years old.
The sale shall include inventory valued at $40,000, which is included in the listing price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people decide to sell operating businesses. Nevertheless, the genuine factor vs the one they say to you might be 2 absolutely different things. As an example, they may state "I have way too many other responsibilities" or "I am retiring". For many sellers, these factors are valid. But, for some, these may just be justifications to try to hide the reality of changing demographics, increased competition, recent decrease in incomes, or a range of various other reasons. This is why it is really important that you not depend totally on a vendor's word, however rather, make use of the seller's response along with your general due diligence. This will repaint an extra practical image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Numerous businesses finance loans in order to cover things like stock, payroll, accounts payable, etc. Remember that occasionally this can suggest that earnings margins are too thin. Lots of organisations come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that should be met or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area draw in brand-new customers? Many times, businesses have repeat customers, which develop the core of their everyday revenues. Specific variables such as brand-new competition sprouting up around the area, road building and construction, and also personnel turn over can affect repeat clients as well as negatively impact future incomes. One vital point to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Clearly, the more individuals that see the business often, the greater the chance to develop a returning client base. A final thought is the general area demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? Just how might the neighborhood typical household income effect future earnings potential?