Manufacturer Of Specialty Plastics
Not Disclosed, NJ Not Disclosed
Southern New Jersey
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- RE: Manufacturer Of Specialty Plastics
- Contact: Russell Miller
Quick Facts
| Asking Price: | $4,100,000 | |
| Annual Revenue: | $1,436,920 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $692,186 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,255,095 | |
| Real Estate: | $1,500,000 | |
| Year Established: | 1954 | |
| Employees: | 6 | |
| BBN Listing #: | 944183 | |
| Broker Reference #: | 3401-18297 |
Business Overview:
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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Property Features and Assets:
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.
Assets = $4,835,095
Market Competition and Expansion:
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.
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.
Reason for Selling:
Partner wishes to retire.Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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