Manufacturer of Specialty Plastics
New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $4,100,000 |
$1,436,920 |
$692,186 |
Furniture and Fixtures Value:
$1,255,095 (included in the asking price)
Inventory Value:
$630,000 (included in the asking price)
Real Estate:
$1,500,000 (included in the asking price)
Business Summary:
Specialty Plastic Products Manufacturer.This business offers- $1.4MM+ average sales Over $600K owners benefits 70 years of customer satisfaction Quality leader in niche industry over 200 active national repeat customers (mostly distributors) Made in the USA 30,000 sf factory on 20 acres of developable property Included in sale $600,000 plus in finished and unfinished inventory over $2MM in customized equipment significant growth capability without significant capital expenditures
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| Year
Business was Established: 1954 |
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| Number of Employees:
6 FT |
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| Facilities / Terms of Lease:
30,000 square feet - 1 story cinder block structure that was renovated and expanded (for this use). The building sits on 20 acres of wooded land with additional development potential for future sale/lease back opportunity. |
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| Potential
Growth/Expansion:
The business is all generated from word of mouth. There is no outbound sales effort or trade advertising. The business operates only one shift which is not at capacity. |
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| Competition:
This business is the quality leader but hold a very small % of market share vs their ONE only US competitor. This offers a significant opportunity to gain market share by adding an outbound sales team.
The business enjoys a very diverse customer base including distributors, machine shops, other manufacturers and some end users. There are moderate to high barriers to entry making new competition unlikely.
According to industry reports, Plastic Pipe and Parts Manufacturing in the US rebounded from the COVID pandemic in force! The industry is projecting consist growth through 2028. |
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| Owner
willing to finance:
Lender pre-screened with $500K down. |
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| Reason for selling:
Partner wishes to retire. |
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| REQUEST MORE INFO |
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