Incredible High-Grossing TX Bottle Manufacturer! (37769)
ManufacturingFor Sale in TX
Financial & Assets Details
About the Business
Situated in the state of Texas, impressive fabrication business specializes in the distribution of custom labeled bottled water, from premium purified, electrolyte enhanced, and high PH-Alkaline. Boasting a BBB A+ rating, these products are used for branding and prove vital for organization promotions at special events, restaurants, health clubs, churches, schools, hotels, and fund raisers among others. Between their large customer base, strong reputation and intricate seven-step processing, from molding, filling, to palletizing, owner believes financial growth opportunities exist to further expand company’s potential. Current records show a first quarter of $600K in profits, as Total Revenues for 2020 reached amounts of $6,769,041 alongside Seller Discretionary Earnings of $1,556,592 and Adjusted EBITDA’s of $1,273,368. With achievable 2021 Projections of $7.9M, listing comes with Transferable Liabilities of $501,188 and two tenancy extension options. The massive production facility totals 79,539 square feet that features up to 40,000-sq. ft. of manufacturing space as well as vast storage areas for finished goods and raw materials of about 38,000 sq. ft. With 2,000 sq. ft. of office space and 12 dock bays, the entire property is leased monthly for $17,903 and zoned for M-1 industrial use. Assisted by an experienced personnel of 21 nonunion employees, who are likely to remain post-purchase, the company is ready for an innovative buyer to streamline operations during a negotiable transition period. Apart from using a maintained website and several social media engagements for self-promotion, marketing efforts make use of pay-per-click ad models, merchants, and referral sources from recurring clients. Inquire with IAG today!
Negotiable up to 20% for the right buyer.
Business comes with current Liabilities of $501,188 and features current Receivables valued at $1,333,451.
Support & Training
Negotiable Owner Transition Period.
Reason for Selling:
Approaching retirement and/or pursuing other interests.