Description of the business for sale
Packaging Manufacturing & Flexo Printing for Snack Food Industry, as well as other divisions of the packaging industry specializing in glassine & polypropylene applications (sales are about a 50/50 split). Using 2 Kidder Stacey Stack Press machines, production can meet short run demands & quick turn around for a variety of applications. This is a division of a larger operation & wishes to divest the printing division to expand into other areas. The seller could in fact become a strong, steady customer of the buyer. Larger Felxo printing operations may find this an attractive purchase due to it s large customer base & reputation for quality & responsiveness. This business has been well-established since 1957 with present Owner acquiring the business in 1993.The customer base is national & there are only four other companies in the glassine products market. Asset/FF&E is $580,000 - a productive company with a positive future! Hours of operation: 4 days per week-10 hour days.
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Support / Training provided by seller
Seller will train for a period of 30 days to ensure a smooth transition to the new Owner. COMPETITION & GROWTH: No concerns regarding competition. This well established company is more capable than anyone to make a short run & a quick turn around. Current customers have larger runs which this company has never pursued. If this business even merged with another printing business operation, larger runs could be obtainable or the company could run more shifts. The possibilities are endless. REASON FOR SELLING: Seller wishes to retire. MORE FIN INFO: Financing: Contact for more information. Inventory: ($100,000) FF&E: ($580,000)
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Description of the facilities
Located on a state highway in downtown Jacksonville, North Florida close to Highways I-10 & I-95. Jacksonville is one of the state's oldest cities, a major port & commercial center. The largest U.S. city in terms of square miles (840), The waterfront is the focus of the vibrant downtown, with river taxis available to take passengers between the two sides of the city. Jacksonville Landing, on the northbank of the river, is a festival marketplace with more than 60 shops, restaurants, an active nightlife, marina & pavilions.
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