Price:$2,100,000
Cashflow$2,530,023
Ebitda$578,731
This company manufactures one of the most unique and advanced bulk packaging systems, essentially a bag bladder in a box, for shipment of non-hazardous liquids. Consisting of a disposable liquid tote inside heavy duty corrugated boards, these transport products reduce filling and handling cost, replace metal or plastic drums, provide efficient storage and transportation, and nor requires no reconditioning and produces contamination. Current products include two different configurations, plus optional reusable cage liners, disposable heating blankets, and seed bins. High quality liners are FDA, Kosher approved, and IMS dairy certified. These containers are ideal for export, being recyclable, biodegradable, and accepted my multiple countries with restricted transportation and import regulations. These products are used by many companies shipping non-hazardous liquid to Europe, Asia, and Latin America. Established in 1998, one design was initially patented and due to ongoing market requirements, options were added. Initially headquartered in Pasadena, the company moved west of Houston in 2006 in a purpose built, multi-building facility to allow for manufacture, production, and storage of products readily available for customers.
Sales exceeded $2.5M in 2022, with EBITDA in excess of $500K. First quarter of 2023 has already produced over $260K in EBITDA.
In addition to the business for sale in the amount of $2.1M, the custom purpose-built facility totaling about 18,000 SF, including a 2,000 SF bardominium style living space over the office, housed on +/- 5.4 acres, is also available, and preferred to be sold in addition to the business.