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Asking Price:	$3,000,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Plastics
Reason for Selling:	Grow Business to next level
Year Established:	1992
# of Employees:	4 Full Time, 4 Part Time
Yearly Revenues:	$630,000
Yearly Cash Flow:	$211,000
Yearly Net Profit:	$211,000

Business for Sale Overview:

Great opportunity to own one of the leading manufacturers of expanded PTFE. Manufacturer supplies the medical, dental, textile, filtration, and gasket industries. Unlimited growth potential. This is a specialty product that has limited number of players and the profits are representative of this fact. Present company receives customers from one listing in a resource location and word of mouth. Manufacturer of both ePTFE products and ePTFE production systems. Expanded PTFE products are made in their manufacturing complex located in a Southeastern United States. Facilities include a full range of ePTFE paste/ram extrusion equipment and large scale ePTFE membrane tentering systems. An R&D lab allows continuing development of ePTFE products to meet the custom needs of their customers and expanding markets. The manufacturer has been committed to providing the highest quality Polytetrafluoroethylene (PTFE) and Expanded Polytetrafluoroethylene (ePTFE) products for over a decade. The owners will stay with new owners. One partner has a BS in Mechanical Engineering, MBA, and has been a project engineer for US government. Other partner has hands on lifetime of experience and is a machinist. This company is suitable for a strategic buyer looking to complement a like business or an investor.

Property Features and Assets:

Manufacturer has original location with 6,400 square feet and just purchased a second location with 30,000 square feet. Original Location; Building Type; Metal building Manufacturing Square Feet: 4,400; Office Square Feet: 2,000 Total Available Square Feet: 6,400 New Location Building Type; Building I - Class C Manufacturing, Building II – Class C Warehouse Built; Building I 1966, Building II 1991 Construction; Building I – Masonry , Building II – Metal Ceiling Height; Building I – 14’, Building II – 18’ Land Area; 6.26 acres Stories; 1 Total Available; 30,650 Square Feet

Market Competition and Expansion:

The main competitors are Gore, Donaldson, GE Energy, Teadit, Klinger/Thermalseal, Garlock New Business/ Growth Potential: The growth is very strong. Owners are looking at selling to an investor or company that can take the company to the next level. The industry is growing rapidly with applications from gaskets, medical products, filtration fuel cells, and breathable apparel. All products mentioned above could be greatly expanded with a concentrated sales effort. All present business is through “word of mouth”, annual 1 page (8.5” x 11”) mail out, and Thomas Registry. Marketing and sales opportunities are unlimited.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.