Resurfacing and Repair for Packing Machinery

Business Summary:
The customers are manufacturers that mass produce,fabricate, and print packaging for products and goods fortheir clients. This business is remote and operates as amobile service, utilizing trucks to transport the necessaryequipment to the job site. Their main focus is the cylinderof a flexographic printing press which is commonly used inthe packaging industry. They also offer cylinder grinding,stripping, coating, and repolishing of the part. This nichebusiness provides solutions for cylinder repair, resurfacing,and restoration of central impression cylinders [CI]. Theequipment is stored at three different locations,strategically placed in IN, WI, and AZ, makingtransportation efficient. These assets are valued over$300,000 which collateralizes the loan by 50%. The sellersare planning for their retirement and in order to mitigatethe risk, the owners have offered 10% seller financing andwill stay on board to train and transition for 1-2 years.Priced at $750,000, this business has provided bothowners with an excellent standard of living and as a newbuyer, a 10% down payment of $75,000 returns $96,557 inthe first year after debt payments!