- January 1, 2024
- Posted by: Business Brokers & Consultants
- Categories:
SOLD Packaging Plant- Over 50 years in Operations
SOLD! This contract packaging plant has been in business for well over 50 years and will enjoy many more under its new ownership. A broad range of capabilities allow it to service domestic and international clients. It is truly a legacy business that is Kentucky Proud. Business Brokers & Consultants is honored to have brokered this transaction.
Owner Retirement
The management team includes; Plant Manager, Asst. Plant Manager, Sale Rep, Back Office manager, and Inventory Manager. They are supported by Production Team Leaders and production staff. All team members are long-tenured employees Seller's is flexible on training and offering a minimum of 2 wks included in Asking Price. The management team will remain.
The Business is located in a well-maintained industrial park with easy access to major interstates. It is complaint with US and International Food Safety standards, which allows it to service domestic and international clients. It has over $471,000 in furniture fixtures and equipment assets valued at cost.