Sold
Owner-Founded Medical Label Manufacturing and Distribution Company
NAICS 323111 Commercial Printers
NAICS 424110 Printing Merchant Wholesalers
This 41-year old, original owner business operation fires on all cylinders! The company provides design, manufacturing and assembly of medical-grade labels via thermal transfer printing, all done in-house.
Ownership is certified as a woman-owned business. Onboarding one additional employee, say as warehouse manager, would in effect provide an acquirer solid ground as a primarily absentee new ownership.
Current employees are highly skilled, tenured and prepared to stay with new ownership. The business now essentially operates as an "order taker", serving its dozens of loyal customers, many of which have been with them as customers for decades.
Owner can guide and train a new owner on opportunities to catapult growth, which is currently underrealized since no active new customer engagements are being pursued.
Listed By: Margot Murphy
Background information
Reference:
17817650-MM
Year established:
1980
Reason selling:
Permanent Retirement
Finance
Sales:
Undisclosed
Profits:
$221,078
Profit type:
Discretionary Earnings
Operations
Employees:
Office Manager Full time $25/HR tenured since 5-22-2022 Production Manager/IT Specialist Full time $31.95/HR tenured since 7-3-2003 President/Owner $11,200/MO salary. Full time. Tenured since 01-01-1981 Warehouse Manager Part time $15/HR tenured since 6-1-2022 Assembly and Support- Part time $15.38/HR tenured since 4-17-2017 Assembly and Support- Part Time $22.00/HR tenured since 1-16-08(owner's daughter) Assembly and Support- Part Time $14.00/HR tenured since 4-5-18
Equipment:
Two pallet trucks, bar code label printer, HP laser jet printer, computer server, various desks/office furniture/file cabinets, Ricoh printer, Dell computer, Defibrillator, Star to Star phone system, Dell Optiplex 3050, Zebra ZT610 and ZT410 printers, 2T410 printer, two air compressors, work bench, Astromed printer. Equipment specifics included in a sale must be verified directly with seller.
Inventory:
4-2022 Inventory value $92,424. Specifics of included inventory will be discussed at relevant timing. Additional inventory on consignment is not included in this number but will pass through with sale.
Premises
Facility:
Commercial flex space facility has 18' ceilings, 2 rollup doors, 2 drive-in bays, 2 offices, reception area, 2 work areas, printing room, two ADA bathrooms, security alarm.
Square footage:
5,470 SF
Rent and lease terms:
Lease Terms: +/- 3,736 SF. $5,900/MO annual lease for Company operations space within building seller owns. HOA in place for exterior building maintenance.
Location:
Central Orange County, CA
Opportunities
Market:
Hospitals, medical distributors, pharmacies, home health agencies, churches/ministries, medical device companies, veterinarians.
Price and terms
Price:
$640,000
Down payment:
$148,750
Training:
Four weeks at 25 hours per week. Additional support can be negotiated as desired.