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Paper Packaging Company for Sale in Athens, Greece

Family-owned company in Athens specializing in paper bags and aluminum foil production and 600 clients.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.6 million
Run Rate Sales USD 1.6 million
EBITDA Margin 10 %
Industries Paper Packaging
Locations  Athens
Local Time 5:21 PM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.2 million (Native Currency: EUR 2,000,000)
Reason: The owner wants to retire from the business due to personal reasons.
Includes physical assets worth USD 2.2 million
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Business Name
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Business Overview
- The business is a small family-owned company based in Athens, specializing in producing paper bags and aluminum foil, as well as providing custom print services.
- Primarily targets the food and beverage industry, catering to the packaging needs of various products within this sector.
- The business operates in the B2B space, supplying its products to 600 HORECA-based distributors and wholesalers across Athens, the UK, Britain, Germany, and Cyprus, while also supplying to retail outlets as well within Athens.
- The company processes an average of 400 orders per month, with a significant portion (60-70%) of orders being received through its own application and website.
- There are 17 permanent employees who are adequate to run the business operations. No contract employees are required.
Products & Services Overview
Products include paper bags and aluminum foil.
Used in packaging in the F&B industry.
Supplied to 600 HORECA-based distributors and wholesalers across Athens, the UK, Britain, Germany, and Cyprus, while also supplying to retail outlets as well within Athens.
Assets Overview
Physical assets include machinery, equipment, inventory, raw materials etc.
Facilities Overview
Rented facility which consists of 2 buildings, out of which 1 is a factory and the other is a warehouse.
Built-up area is 400 sqm and 800 sqm respectively.
Location is Thesis German, Aspropyrgos.
Capitalization Overview
Business is self-funded.
Having outstanding bank loans of EUR 300k.
There are 2 directors with ownership of - 99-1.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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