Manufacturer Of Specialty Plastics For Sale

Property Information

Real Estate:

Real Property Included

Premises Details:

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.

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

Partner wishes to retire.

Trading hours:

Monday-Friday 7am-4pm

Employees:

6 FT

Years established:

70

Other Information

Furniture / Fixtures value:

$1,255,095 - included in the asking price

Inventory / Stock value:

$630,000 - included in the asking price