Manufacturer Of Specialty Plastics

Not Disclosed, NJ Not Disclosed

Southern New Jersey

Asking Price: $4,500,000

Annual Revenue: $1,294,981

Manufacturing: Plastics

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RE: Manufacturer Of Specialty Plastics
Contact: Russell Miller

Quick Facts

	Asking Price:	$4,500,000
	Annual Revenue:	$1,294,981
	Net Profit:	Not Disclosed
	Cash Flow:	$505,392
	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

Email or Print Listing

Business Overview:

Specialty Plastic Products Manufacturer.
This business offers-

$1.5MM in sales*
Over $600,000 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 square feet 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

* 2021, 2022 and projected 2024

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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

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