Business for Sale Overview:
This is a manufacturer and distributor of fiberglass, polyester and epoxy resin products for the composites industry. Sales channels include OEMs, resellers, industrial companies, trades, export, Internet/mail order and hobbyist/Do It Yourself, all in appropriate quantities and pricing. A smaller division sells a patented product into the trenchless technology field. The Company has reviewed financial statements and a versatile software system in place. With the right partner the Company is positioned to grow in the current market and excel in a normal market. The Company’s formula for success in its home market may be duplicated throughout the South and potential nationally producing a market of several hundred million dollars. In addition to cash or stock, the owner will consider creative proposals including equity, management participation and incentives based on future growth.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The Company’s 3 distribution facilities are fully equipped for warehouse-to-customer by delivery or showroom retail/wholesale transactions. The Company’s manufacturing location may be used for packaging or blending. These superb facilities make the Company a good candidate for a strategic buyer who needs distribution or manufacturing capacity in this market.
Market Competition and Expansion:
Composites manufacturing is a 25 billion dollar industry and the US is more advanced than the rest of the world. Approximately 236,000 people are directly employed and 250,000 on the support side.
Growth and Expansion: The last year and a half has strained owner financing, due to a new computer system and a slow down in the industry. However, the Company is well positioned to grow as the economy recovers and customers diversify their purchases. Growth in 2009 and 2010 are predicted by the owner to exceed the best year that the Company has ever accomplished.
Reason for Selling:
To gain liquidity.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
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