This envelope manufacturing company has 635 active clients throughout New England with a 25,000 sq. ft. plant 20 minutes from downtown Boston! This essential business was established in 2002 and has 85% recurring clients. Their solid customer base is comprised of database directories, financial, insurance, and banking industry clients, real estate & law offices, and small print shops that can’t handle large size or volume.  Services include envelope sales (65%), printed forms & letters (25%) and packaging of sales guides, employment contracts, and business packages (10%). Of envelope sales, 40% is manufacturing and 60% is wholesale printing and imprinting. Their $1.2M in assets includes $525k in A/R, along with 4 pieces of converting equipment, 4 offset printers, 8 color cold web printers, 2 digital envelope presses, and 3 folders. Their team of 25 includes 3 client service managers, 1 HR and accounting, 1 driver, 2 assistants, and 18 production workers; once a job is started, turnaround to completion is 7-8 working days.  Priced at $2,250,000 and with a seller earnout of $300,000, this is an amazing opportunity for a new owner to step in and grow the business.

There is a spike in sales from September to November each year, due to increased direct mail marketing for the holiday season.  At other times of the year, the business has a balanced client base for direct mail marketing and financial services businesses and well as printer envelope converting. Their service area includes national clients, but 70% of their clients reside in the New England area.

Growth opportunities include expanding the second shift to increase capacity, continuing strategic acquisition plan that the business has followed over the past several years and engage in direct selling efforts rather than work through reselling merchants and brokers.