Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Manufacturer - Proprietary Security Packing Products
LISTING DETAILS
Firms For Sale ID:
28428
Vendor reference:
2300
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed
Turnover / revenue:
$1,000,000
Net profit / cashflow:
$313,000
Years established:
1984
Business website:
OTHER DETAILS
Reason for selling:
While the business is well positioned for continued growth, new ownership with greater capital and human resources may be better suited to take advantage of exciting expansion opportunities.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
The Business for sale currently represents a manufacturer of a proprietary line of tamper evident and permanent adhesive security packing products. The Company sells to customers in the banking, armored transport, retail, faith-based, manufacturing, and government markets. Products are sold directly to end-users as well as through distributors throughout North America and export markets. The Company’s strong customer relationships and outstanding reputation in the marketplace present exciting platforms to increase market share through the injection of capital and human resources.
Market / Competition / Non-Competition Agreements
The Company’s excellent reputation and loyal customer relationships are key competitive advantages and provide outstanding platforms to increase market share. The addition of capital and human resources, geographic expansion, pursuit of untapped markets, and increased business development efforts present likely areas for immediate growth