Packaging, production and distribution of dry foods

Czechia

listing nr.: 200029

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is no longer active
Valuation 1 306 000 € (32 000 000 CZK)
Net debtNet debt is an indicator of a company's indebtedness. It is expressed as the amount of the interest-bearing loan minus the cash in the company.
196 000 €
Revenues Revenues express the total annual volume of the company's performance, which the company obtained through the sale of goods and services during the accounting period.
6 122 000 €
HistoryDuration of business operation.
20+ years
EBITDA EBITDA is a financial indicator of the company's operational performance. Annual EBITDA is expressed as earnings before interest, taxes and depreciation in a given year.
163 000 €
EmployeesThe number of employees employed in the company on a permanent employment contract as of the date of publication of the offer.
40

Basic information

The subject of the sale is a 50% stake in a company focused on packaging, production and distribution of dry foods. The company has a history of more than 25 years and during its activities it has managed to obtain valuable customer contracts with several large retail and wholesale grocery companies. With its assortment, the company ranks among the top 3 companies on the Czech market.

The company is currently based in leased premises with an area of ​​approximately 2,500 m2. However, its intention is to build its own production and storage area, for which it already owns land and by the end of 2020 it should obtain a zoning decision. The investment in construction will require capital, part of which should be brought to the company by the buyer of the sold share.

The company employs more than 40 employees who, apart from the person of the seller, remain in the company even after the sale of the share. The seller performs the function of sales director, who will have to be replaced by a new employee or by the buyer himself.

The company owns machinery, cars, furniture and storage equipment with a total estimated value of CZK 34 million. Current stocks of goods are worth approximately CZK 18 million. Within intangible assets, it is worth mentioning the company’s IT system is worth approximately CZK 1.2 million.

The owner of the 50% share sells his share so that he can change to other activities, and also to leave the place to an investor who will be able to move the company forward with further investments. It is also possible to negotiate the sale of part of the shares from the other owner and thus purchase a majority share in the company.

Due to the planned expansion of production and capacity, the company plans to move to new premises. This relocation and expansion will require investments, which the owners estimate at CZK 35-45 million. The buyer should therefore be someone with sufficient capital to finance these changes.

Tangible assets

  • machinery equipment
  • cars
  • furniture
  • storage technology
  • storage racks
  • all worth CZK 34 million

Intangible assets

  • IT system worth CZK 1.2 million
  • website with e-shop
  • more than 1,200 subscribers
  • valuable customer contracts
  • know – how

Property

Land for construction:

  • area: 2.47 ha
  • value: CZK 32 – 35 million
  • connected energies: CZK 0.9 million

Employees

  • 40 employees

Indebtedness

Bank loan

  • amount of debt: CZK 19.5 million

Partner loan

  • amount of debt: CZK 13 million

Total annual turnover

  • 2020: CZK 150 million
  • 2019: CZK 130 million
  • 2018: CZK 145 million
  • 2017: CZK 160 million

Annual profit (EBITDA)

  • 2020: CZK 4 million
  • 2019: CZK -1 million
  • 2018: CZK 2.5 million
  • 2017: CZK 11 million

Other information

History: 25 years

Reason for sale: retirement of the owner

Legal form: s.r.o.

Subject of sale: 50% share in s.r.o.

 

I am interested

Ing. Michal Volník

CEO

+420 702 929 980
volnik@inbase.cz

If you are interested, contact us!

We will be happy to provide you with more detailed information after signing a non-disclosure agreement (NDA).