High growth Manufacturer and importer of disposables sold to niche market is seeking growth capital. sales have grown an average of 20-30 percent per year for last 4 years. Current sales in the $ 30 MM range. Company has added strong management team over past 12 months to sustain growth and improve operations. This company serves a niche market with limited competition. Products include both Plastic & Paper goods (specialty/novelty cups and utensils/cutlery) that are single use/disposable products. High recurring revenue stream from very loyal, long term customers in a niche market (to be disclosed later). Progressive owner. Needs add'l working capital. Total debt is $ 7.2 MM, with 50% of this being LOC. $ 3 MM to $4.0 MM in inventory (includes On-The-Water).
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