IN ESCROW - Profitable Box Manufacturing Company in Los Angeles

Los Angeles, CA (Los Angeles County)

Seller Financing Available
Manufacturing Business
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Asking Price: Get Financing: $1,300,000

Cash Flow: $350,000

Gross Revenue: $2,068,450

EBITDA: N/A

FF&E: N/A

Inventory: $300,000*

Lease Rate: $4,300 /SF/Month

Established: 1970

*not included in asking price.

IN ESCROW - Profitable Box Manufacturing Company in Los Angeles

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Business Description

IN ESCROW - Highly Profitable Box Manufacturer in Los Angeles with the history of being one of the top manufacturer of quality boxes. In business for more than 50 years, this company has experienced year after year increases in gross revenue and cash flow. The company manufactures these food related boxes and sells them primarily to larger wholesale distributors (B to B). As per the seller, there are approximately 25+/- wholesale customers. These box products are commonly used, staple products used in a wide range of industries. This business model and manufacturing process is straight forward, and the Seller will provide ample training.

The asking price of the business includes the inventory (raw material + completed boxes) at cost of $250,000. As per the seller, the inventory is active inventory and made up primarily of standard industry sizes that are widely used in the marketplace.

As per seller, there is virtually no sales and marketing other than the well-known branded name and referrals. The seller has identified a handful of short term ways to increase sales as well as some long term ways to increase sales that the seller will discuss further with a qualified buyer. All equipment and long-term employees are in place for the business to handle higher capacity. Excellent books and records including tax returns. Pre-approved SBA finance is available for a qualified buyer with good credit and related experience. Seller will provide all necessary training and may consider carrying a note for a qualified Buyer with a large, significant down payment.

The ideal candidate for this business is someone who can focus on growing the business and implement a sales and marketing program by leveraging the company's name, reputation and years in business. The sellers have several ideas that they will share including growing the business within the existing customer base who have requested additional services in other adjoining states that the company is currently not servicing. Seller also has a contract with one larger customer with approximately 1.5 years remaining that is renewable. Sellers live outside the LA area but will provide training as part of the purchase price and if necessary act as an outside consultant to assist the buyer with growing the business. Seller will discuss this further with a qualified buyer.

Long term employees, including an office manager and production personnel, handle the day to day operations including opening and closing the facility and speaking to customers. The business operates out of a 9,000sf industrial building which is available for lease or sale. There is currently a long-term lease in place and a friendly landlord will cooperate in the transfer of the existing lease or selling the building.

This is a unique opportunity to own a reputable 50 year old plus manufacturing business in LA with trained employees in place, excellent books and records, year after year increasing gross revenue and profits with room to expand. First quarter 2018 is trending upwards and as per the seller, 2018 looks to be another strong year with increasing gross revenue and profits.

Please note: Prior to receiving ANY additional information on this business, ALL interested parties must complete a confidentiality agreement, a buyer profile, a financial statement and provide proof of funds of at least $500,000. Please hit the reply button or e-mail your contact info to info@certifiedbizbroker.com.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
9,000
Lease Expiration:
N/A
Employees:
8
Facilities:
Industrial building with loading dock and offices
Competition:
Seller to discuss
Growth & Expansion:
Seller to discuss
Financing:
Seller may consider seller finance for a qualified buyer with good credit and a larg
Support & Training:
Seller will provide ample training at no cost to buyer
Reason for Selling:
Sellers lives outside of the Los Angeles area and it has become too difficult.
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Contact the Seller

(from currently available funds)
 
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Matt Coletta, CBB, CBI, M&AMI

Business Listed By:
Matt Coletta, CBI, CBB

M&A Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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