Mfg. Paper Packing Products
Location: Indiana > Elkhart County > Elkhart
Industry: Manufacturing > Paper and Packaging Manufacturing
Financials
Asking Price: $225,000
Gross Revenue: $230,000
Gross Revenue Comments: Gross Revenue is 3 year average. Sales of $4 million at one point in Company's history.
Inventory: $40,000 (Not Included in Asking Price)
FF&E: $100,000 (Included in Asking Price)
Seller Financing: Seller would be willing to some financing based on reasonable credit and collateral.
Business Summary
The Company offers complete packaging solutions and has experience with a wide range of packaging processes including contract filling, secondary packaging, hand labor and paper converting to include paper and poly tubing. The Company comes to you with more than 15 years experience in the packaging business and three manufacturing sites in Indiana. The current infrastructure is supported by engineering, mechanics, maintenance, QA, sales, office staff and all the necessary manpower to support their customers' expectation of price, quality and delivery. The Company is a family owned and operated company. The Company’s philosophy is to partner with its customers. It is the Company’s intention to build long-term mutually beneficial relationships with their customers. This offering is for the assets of the Company’s paper division only. The products of the paper division produce a variety of packaging alternatives; paper tubing, poly tubing, narrow slitting, masking cohesive, zone coating, cohesive foams, paper to foam and poly to foam. The assets of the paper division include all the physical manufacturing equipment, customer list and distribution chain, complete pricing matrix, inventory and an industry leading product
About the Business
Employees: 4 full time - 1 part time
Relocatable: Yes
Facilities: Seller believes that a facility of 7,500 sq ft – 10,000 sq ft would be a reasonably sized facility to house the assets.
Market Outlook and Competition: The Company’s products are sold through industry distributors (only one end user customer – inherited that customer when the Company bought the business) There is exceptional room for growth. The Company is one of three manufacturers in the country for flat paper tubing
About the Sale
Management Training and Support: Seller is willing to ensure a smooth transititon.
Reason For Selling: The paper division is not part of the Company’s core business.

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Listing Tools
BizQuest ID:864905
Business Listed By
Name:Joseph R. Bertels CPA
Company:BND Commercial, LLC
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