Business For Sale Listing 150747
Niche Co-Packer, $2mm trailing 12-mo EBITDA
Status as of Nov-21-2008 at 06:00 PM: Off The Market
Business Summary
NICHE CO-PACKAGING / CONTRACT MANUFACTURING COMPANY
Founded in 1992 and located in the greater Sacramento, CA area, the Niche Co-Packaging / Contract Manufacturing Company (the "company") packages leading branded and private label products. The company distinguishes itself from the competition through precise custom-focused execution, value added services, and the flexibility of its capabilities. The company focuses on a full range of product types and can profitably process shorter runs, enabling the company to secure higher margin, niche and specialty business in contrast to that secured by larger and less nimble players. The company operates out of a single 93K square foot facility that can support the company's continued growth.
After several years of ineffective absentee management, the company's semi-retired owners elected to become hands-on managers and the company has realized strong performance over the past several years. The company has an EBITDA of $2 million. The company's customers represent leading companies in several channels, including retailers and larger marketing companies. The company has secured a lucrative and reasonably binding 5-year contract with a leading brand in its space that should provide the company with a solid foundation for continued profitability and growth for the foreseeable future. The customer represents a little more than 50% of the company's business.
The company employs a capable management team and has approximately sixty total employees. The company participates in a stable, but growing industry that is projected to continue to grow at 6% - 9% over the next five years and reach $15 B in sales by 2010. The company participates in a national marketing organization of fourteen similar and strategically located co-packers in the same industry that provides the company the ability to effectively service the local business of national accounts.
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Industry
Location
Financials
| Sales: |
Between $10 Million And $25 Million ($11 MM) |
| Profits: |
Between $1 Million and $2.5 Million ($2MM trailing 12-month) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $7.5 Million and $10 Million ($7.6 MM) |
