Turnkey Thermoforming Company
The company designs and manufactures custom thermoformed products for a wide range of applications and industries. Utilizing the latest design software, the company takes the customer’s physical model or 3D drawing and creates a package or protective end cap that exceeds expectations and meets required drop test specifications. The company also provides contract fulfillment services which involve designing and producing the thermoformed package, fulfillment of the package, sealing as required and shipping to the customer’s designated point.
The business facility and equipment are well-maintained and feature clean room capabilities. There is sufficient capacity to support significant sales growth without the need for substantial capital investment.
The retiring owner works 40-45 hours/week focusing on high level aspects of running the business and takes vacations without business disruption. The owner is available for a transition period.
FINANCIALS
2020 REVENUE: $5,907,379 OWNER’S CASH FLOW: $1,075,406
2021 REVENUE: $8,044,885 OWNER’S CASH FLOW: $1,142,236
ANNUALIZED 2022
REVENUE: $8,214,000 OWNER’S CASH FLOW: $1,562,000