Paper Packaging Company for Sale in Athens, Greece

- 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 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.

Physical assets include machinery, equipment, inventory, raw materials etc.

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.

Business is self-funded.

Having outstanding bank loans of EUR 300k.

There are 2 directors with ownership of - 99-1.