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Turnkey Thermoforming Company

Turnkey Thermoforming Company
Listing
1743
Massachusetts
Revenue
$8,044,885
Cash Flow
$1,142,236
Asking Price
Accepting Offers
Business Description

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

 

Growth Expansion and Opportunities

Advertising and marketing would likely increase revenue. This new growth could be fulfilled by adding second shifts, nights, or weekends. Fulfillment services could be improved by promoting the existing capabilities to current customers as well as potential new customers. There is significant untapped potential in this area.

Support & Training

The seller will provide training and support to ensure a smooth transition

Reason Selling
Retirement
Terms
It is expected that a qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.
Broker

Molly Hanson

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  • Turnkey Thermoforming Company

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