Custom Packaging Designer Manufacturer & Foam Fabricator Texas For Sale

Business description

This custom packaging company, which provides specialty corrugated box and cushion packaging design and manufacturing, and foam fabrication (polyethylene, polyurethane and polystyrene foam), was started over 40 years ago, with the corporate offices residing in a 65,000 square foot facility in North Texas. They perform work all across the United States, and have realized exceptional revenue and ebitda increases over the last 5 years while having record years in 2008, 2009, and 2010, despite the recessive economy.

Within their core businesses of custom corrugated box and cushion packaging design and manufacturing, and foam fabrication, the company provides products and services to clientele within the Military (necessary certifications, custom MIL spec fabricated inserts, wooden crating/pallets, antistatic properties), Medical (inserts made from minimal dusting materials, static dissipative and antistatic bags), Aerospace (packaging and internal components), Transportation (foam upholstery for mass transit seating), Electronics (refurbished), and various other industries. Beyond these industries, the company offers a complete array of packing supplies, upholstery supplies, turn key packaging solutions for distribution customers, and has the capability to supply printed, labeled, die cut cartons in varying shapes and sizes to companies in any industry.

A leader in their industry, they are primed for growth, with an even greater emphasis on Federal Government work. The barriers to entry for federal, government and military contractors are significant due to numerous factors, including required certifications. Further barriers to entry include the significant cost of equipment, expertly trained management and employees, engineers, CAD design capabilities, and fulfillment and distribution capabilities.

Property information

Real Estate:

Real Property Included

Location:

Fully equipped, 65,000 square foot facility in North Texas.

Size in square feet:

65,000

Business Operation

Expansion potential:

They are primed for continued growth, having seen double digit revenue growth, year over year, for the last 3 years. There is a huge opportunity for more government work and providing additional products/services.

Competition / Market:

Minimal competition given this company's size, client list and certifications.

Reasons for selling:

Retirement

Employees:

50

Years established:

1938

Other information

Support & training:

Significant training and transition period available as needed.

Furniture / Fixtures value:

$834,920 (included in the asking price)

Inventory / Stock value:

$380,000 (included in the asking price)