Packaging Manufacturing Business
California
Asking Price: $ 8,000,000
Cash Flow: $900000
Gross Revenue: $3700000
FF&E: $1700000
Inventory: $200,000
Year Started: 2018
Business Description
The incredible growth of the cannabis industry has also produced tremendous demand for vendors and suppliers in that industry. This company is a leading packaging manufacturer in this niche market. This company has already been in business for six years and they have become a leader in the space by primarily focusing on cannabis and CBD packaging. To meet Industry demand, they offer child resistant packaging, labeling and branding.
Their services include the design and engineering of custom packaging as well as offering a large selection of standard packaging. These packages are not only for cannabis, they can also be used for cosmetics, food and beverages, medical supplies, and much more.
The gross revenue continues to climb year after year and will only continue to grow as more states legalize cannabis. This business is positioned to scale even more if a new owner wants to increase marketing efforts and attend more trade shows. Based on projected revenue, this business is being offered at a great price. The equipment in this facility is valued at well over $1.7M and is included in the asking price.
Legacy is very important to the current owner, he is willing to stay on board to ensure a smooth transition and continued growth and success.
Detailed Information
- Location: California
- Industries: Manufacturing
- Detail inventory: y
- Building SF: N/A
- Rent: N/A
- Lease Expiration: N/A
- Employees: 7
- Seller Financing: No
- Established After Year: 2018