SOLD – EPS Forming and Shaping Company

Eastern Iowa

Asking Price:

$2,500,000

The total asking price of the business for sale

Cash Flow:

$598,891

Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets. "For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000

Gross Revenue:

$598,891

All annual business income (prio calendar year or trailing 12 months ) before any cost-of-sales or expenses have been deducted.

Inventory:

Available

The value of the merchandise, raw materials, and finished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.

EBITDA:

N/A

Earnings Before Interest, Taxes, Depreciation and Amortization 

Rent:

$20,000

FF&E:

$481,112

Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending in the type of business.

Established:

1978

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

Location:

Eastern Iowa

Real Estate:

Available

Building SF:

59,600

Lease Expiration:

N/A

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

Franchise:

No

Business Website:

Business Location

17432

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