Total of 18659 firms and businesses for sale today Saturday 18th May 2024
Sold. Finishing Services For Screw-on And Snap-on Tops
LISTING DETAILS
Firms For Sale ID:
26722
Vendor reference:
3490
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed
Turnover / revenue:
$2,600,000
Net profit / cashflow:
$522,674
Years established:
63
Number of employees:
18
OTHER DETAILS
Reason for selling:
Diversification of owners’ personal financial interests, possible succession and retirement, and superior sales growth desired through strategic partnering.
Support and training:
Current owners are willing to stay to promote a smooth transition to new ownership
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
This business for sale is a provider of product finishing services for bottle, aerosol can and other specialty fluid container screw-on, slip-on, and snap-on tops. More specifically, the Company provides silver reduction metalizing and automatic spray-painting services, and works on approximately 35 to 75 various bottle and fluid container tops. On a monthly basis, the Company finishes between 1.4 and 2.5 million tops. All units are processed and finished on per demand basis only. Additional services consist of custom engraving and etching, specializing in crystal, glass and marble products. The Company processes more than 500 purchase orders annually. The Company has approximately 25 customers across the U.S.; it targets customers within the cosmetic, distillery and chemical industries. The Company’s revenue is expected to grow between 5 percent and 10 percent CAGR during the pro forma period. By 2017, the Company’s revenue is anticipated to exceed $4.00 million/year.