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Paper Packaging Company for Sale in Cyprus

Maanufacturers of paper bags and burger wraps based in Cyprus. Turnover 500,000 Euro.

Established 30-40 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 530 thousand
Run Rate Sales USD 540 thousand
EBITDA Margin 20 %
Industries Paper Packaging
Locations Cyprus
Local Time 2:58 PM Asia / Nicosia
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.25 million (Native Currency: EUR 1,100,000)
Reason: Owner wants to retire.
Includes physical assets worth USD 1.02 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- We are manufacturers of paper bags, burger wraps and other packaging item and based in Cyprus.
- Have over 200 clients, all of them are based in Cyprus.
- Have direct tie-up with many food companies and wholesalers.
- Our products are used by fast food outlets, bakeries, hotels, bookshops, pharmacies and more.
- We have 3 manufacturing machines and it needs just 1 person per machine to run it.
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- We also have 2 trucks for delivery.
- Recent implementation of EU directive for limitation of use of plastic bags has opened up significant opportunities for business expansion.
Products & Services Overview
Flat bottom paper bags, wraps for sandwich, kebab, burger available in both printed or plain form.
Assets Overview
Tangible assets include factory (optional), two bag making machines, printing machine, sheeter, 2 vans, stocks.
Facilities Overview
We operate from a factory in the industrial area. Facility is of 850 square meters covered on a 2,000 square meters land. Land is leased from the Government for 100 years.
Capitalization Overview
We also import and distribute carrier bags and Baking paper. Business can be converted to purely trading business. It is a good base for expansion.
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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