Business Overview:
The market leader in their product niche, this national manufacturer of specialty wooden packaging products has multiple locations to serve its customers throughout the country. Their products have proven to be a preferred packaging choice for several types of products. The business has a well diversified customer base, serving industrial, military and agricultural clients. The business has a non-union workforce, with key management remaining in place for new ownership. The company has been responsive to recent economic shifts and has reorganized its cost structure to remain profitable and poised for future growth.
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Property Features and Assets:
Two manufacturing facilities located in different regions of the country allow for efficient service of regional customer bases; a 75,000 square feet manufacturing center situated on about 3.5 acres of industrial property and a 98,000 square feet facility is located on approximately 4 acres. The business occupies about 68,000 square feet and the remainder is leased to other tenants. The multiple locations provide freight advantages. An additional storage location sits on about 1.5 acres, mostly used for outdoor storage. It has about 20,000 square feet of indoor warehousing space.
Market Competition and Expansion:
This company's products remain a desired packaging option for many types of customers. Economic threats are a larger factor as this company primarily serves the industrial manufacturing industry. This threat could be tempered with a greater focus on military markets or product diversification to expand work within the agricultural market.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.