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SOLD – EPS Forming and Shaping Company

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Eastern Iowa

Screenshot 2024-11-07 at 4.00.12 PM

$2,500,000

Sold

Listing# :

17432

Gross Revenue :

$598,891

Rent :

$20,000

Status :

Sold

Discretionary Earnings :

$598,891

Business Type

The new owner should have any understanding of design and packaging. They should also understand the manufacturing process. The transaction envisioned will transfer all assets required to operate the business. Inventory and work in process will be determined at closing and will be sold to the new owner at that time.

Business Description

The business is in the foam manufacturing business. They form and shape most anything out of foam. They specialize in packaging, displays and have patented designs/products.

Detailed Information

Real Estate:

Available

Inventory:

Available

FF&E:

$481,112

Building SF:

59,600

Established:

1978

Employees:

Yes

Facilities:

The business is located in a 59,000 square foot building on approximately four acres of land. There is plenty of room to expand the build should the new owner want to expand the business. Building is metal and in very good shape. There are four loading docks along with a drive through covered loading area.

Competition:

The industry is stable. There is some rollup in this sector creating many opportunities for a company of this size to secure orders the consolidators don't want. The company is nimble and quick to respond to their customers requests.

Growth & Expansion:

The company has had continued grow and can grow further with an engaged owner.

Support & Training:

Yes

Reason for Selling:

Retiring

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