Description
Our firm is proud to bring this profitable and long-established Global Packaging Engineering firm to market that is based in SE Michigan. This firm was established over 20 years ago with large connections in the automotive industry. This firm is an automotive supplier providing packaging engineering, web application, packaging design, photography, data analytics, and cost-savings services. They are a Tier 1 supplier to many automotive brands.
The team of 27 employees consists of 8 Packaging Engineers,7 Photographers, 4 IT developers, 2 Project managers, and other staff who help with administrative tasks/design work. The majority of the staff have been with the firm for over 10 years and are trained/dedicated to their line of work. The key employees all hold the proper degrees for their job roles and are willing to stay on board with a new owner. The business has written operations and training manuals for all employees and all their records are organized well.
This firm also specializes in photography and web development for many of the automotive customers who they have relationships with. They are the solution to many of these companies’ web design problems and can build custom applications to help manufacturers with data organization/transfer.
This business has been growing year over year and is on track to do over $2.4 million in sales in 2022. With COVID changing the landscape for many automotive suppliers and more work coming back to the states, this firm is going to see even more growth with all the new projects being developed by the automotive leaders we have in Michigan.
The ability to problem-solve shipping & software development issues for automotive brands helps this business achieve excellent profitability. In 2021, the business generated $2MM in total revenues generating $452,752 in Seller’s Discretionary Earnings. This is an excellent opportunity for an owner-operator with packaging experience or a bolt-on acquisition. Give us a call today to learn more.
Get More InfoBusiness Overview
Revenue | $2,046,876 |
Cash Flow | $452,752 |
Inventory | $None |
Year Established | 2001 |
Seller Financing | No |
Employees | 18FT 9PT |
Asking Price | $1,650,000 |
Key Statistics
- Hours of Operation: MON - FRI 8am - 5pm
- Employees: 18 Full Time 9 Part Time
- Year Established: 2001
- Year Acquired: 2001
- Liscence Required: N/A
- Seats: N/A
- Parking: Ample
Financial Information
- Gross Sales: $2,046,876
- Source: Tax Returns
- Cash Flow: $452,752
- Source: Tax Returns
- Inventory Value: None
Seller Financing
Location
- Monthly Rent: $2,644
- Lease Terms:
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Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.