(UNDER LOI) Profitable Packaging Supply with 50+ Years of Success

Location: West Michigan
Industry: Packaging Supplies
Annual Revenue: $650,000
Seller’s Discretionary Earnings (SDE): $160,000
Asking Price: SDE x 2.75 = $440,000 + Inventory
Real Estate: Modern 5,000 sf warehouse/office space, available for purchase or lease

Priced for a quick sale for the ready to retire owners, this packaging supply business has been a trusted provider in the West Michigan area for over 50 years. The current owners, both as part-timers, have successfully operated the business for the past 15 years and are now seeking retirement. With a streamlined, turnkey operation that requires minimal marketing or sales effort, the business provides a comfortable owner’s discretionary income of $160,000 annually. A new full time employee or owner/operator could easily run this business as it stands today.

The business operates simply: take orders, pull from inventory, deliver with company truck, and restock. With long-standing, repeat customers, including a few with onsite inventory stocking programs requiring weekly replenishment, this is a stable business with steady, recurring revenue. The operation has potential for growth with more active marketing and sales outreach, as the current owners have been content maintaining the status quo.

While the business currently operates on a "maintenance mode" model, there is significant opportunity to expand. A growth minded new owner could:

- Launch a marketing campaign to attract new clients.
- Establish direct sales contacts to grow the customer base.
- Add product lines and services to cross-sell to existing clients

Facility...

Building: Centrally located in the heart of the client base, the building includes office and ample warehouse space with overhead ramp door, and a truck well.

Real Estate Options: The 5,000 sf commercial office/warehouse is not included in the listed business price, but available for purchase or as a lease from the current owners.

Customer Base and Inventory...

Loyal, Repeat Clients: The business serves a diverse range of local manufacturing and distribution companies with consumable packaging products. Many clients have been with the company for years, consistently placing repeat orders that form the backbone of the revenue stream. The business thrives on exceptional service rather than personal relationships with the current owners, meaning a smooth transition to new ownership is expected. As long as high-quality service is maintained by the new owner, a simple introduction will ensure continuity and long-term success.

Warehouse: Well-organized and efficiently stocked with up-to-date products, ensuring a fast-turning inventory for maximum ROI. The space is clean and includes all necessary shelving, racks, and equipment to smoothly manage inventory flow.

On-Site Inventory Clients: A few customers require weekly inventory replenishment, creating consistent, predictable income.

Reason for Sale: The owners are ready to retire and are offering the business to a new owner who can easily maintain its success or choose to expand. They will provide client and vendor introductions, training, and support during the transition to ensure a smooth handover.

Next Steps: This sale is confidential. Serious inquiries only, please. After an initial discussion, a signed Non-Disclosure Agreement (NDA) will be required to receive further details. Contact Mark VanderWal through the BizBuySell platform to learn more.