Issue link: http://deals.uberflip.com/i/1312534
Acquisition Opportunity Manufacturer of Custom Barrier Packaging Midwest/Great Lakes Region, US Est. 2020 Revenue: $2.8MM Est. 2020 EBITDA: $450K ▪ Superior Name and Reputation: Founded in 1978, the Company has established itself as a leading manufacturer of high-quality custom barrier packaging. ▪ Diversified Customer Industries: The Company serves recession-proof customer markets such as medical and food (65% of revenue in 2019), as well as various other industries. ▪ Low Employee Turnover: The Company has many highly-tenured, knowledgeable, and loyal employees, including a pressman and production supervisor hired in 2002 and 2001, respectively. ▪ National and International Reach: Less than 17% of revenue was generated from customers in the Company's home state in 2019. It serves customers across the US and in Canada. ▪ Profit Percentage is Above Industry Benchmarks: The Company's 11.7% pre-tax profit margin in 2019 doubled the 5.8% industry benchmark. ▪ Strong Net Working Capital: The Company's current ratio of 3.0 at December 31, 2019 outperformed the industry benchmark of 2.2. ▪ Outstanding Growth Opportunities: The Company has no dedicated sales and marketing efforts, and its equipment is quite underutilized. There are numerous opportunities for new ownership to leverage existing equipment and know-how to accelerate revenue and earnings growth. Client # 62014 Jerry Yocum Generational Equity Managing Director 614-432-8580 (Tel) 214-764-1362 (Fax) jyocum@generational.com Click_here_to_sign_NDA The Company is a manufacturer of custom barrier packaging, including pouches, bags, and rollstock for customers who need to keep their products protected from oxygen, moisture, or light. In 2019, revenue was derived from manufacturing (95.3% of sales), dies, plates, and artwork (2.4%), converting of customer's material (1.7%), and resale (0.6%). The Company primarily serves the medical (46% of sales in 2019) and food (19%) markets, as well as industrial and others (35%). It primarily differentiates itself from the competition by its willingness to help prospective customers develop packaging that is ideally suited for their needs, as well as providing attentive service and producing high- quality products. The Company operates from a 27,400-square foot facility comprising office, manufacturing, and warehouse space, as well as external and internal loading docks. It is currently staffed by 11 full-time employees, plus the 2 owners. DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller.