Fast-growing Plastics Manufacturing Company

North Carolina

Cash Flow:	$1,135,000
Inventory:	$450,000
Real Estate:	$2,000,000

Gross Revenue:	$6,600,000
EBITDA:	$1,000,000

Listing ID: 2129307Listing provided by BizBuySell

BUSINESS DESCRIPTION

Serving Established Customers in the Energy Production Industry

This North Carolina-based plastics manufacturer specializes in a wide range of plastic materials, as well as product and tooling design. The company has experienced significant growth, with revenue up 99% from 2021 and has long-standing relationships with key customers. With well-maintained equipment and a dedicated team of employees, this company is well positioned for future expansion.

The owners are preparing to retire and are looking for a partner with the necessary capital and expertise to help the company achieve its full potential. Significant growth opportunities exist, and there is space within the current facility to accommodate more work. Owners are interested in selling the real estate, which includes additional raw land for expansion.

Investment Considerations:

- 2023 EBITDA: $1M
- 2023 Revenue: $6.6M
- Long-standing relationships with key customers
- Well-maintained equipment
- Dedicated team of 18 employees
- Owners seeking strategic acquirer

MidStreet data room includes a comprehensive written memorandum and video overview. Candidates can access after initial interview and signing non-disclosure Agreement. To learn more, complete the inquiry form on this page.

DETAILED INFORMATION

Location

North Carolina

Inventory

Included in asking price

Real Estate

Owned

Building SF

28,000

Facilities

The company operates out of a standalone facility totaling more than 28,000 sq. ft. The property also features additional acreage for future expansion.

Competition

While there is competition in the plastics manufacturing industry, this company's focus on product and tooling design, combined with long-standing customer relationships, creates a high barrier to entry and results in high margins.

Growth & Expansion

Despite the company's rapid growth in the last few years, the owner feels there is still more untapped opportunity within the current customer base. There is underutilized space and equipment in the current facility, and the property features additional raw land for future expansion. A strategic buyer with the need for more operational capacity could benefit tremendously from the acquisition of this well-managed business.

Support & Training

Owners willing to provide adequate training following acquisition.

Reason for Selling

The owners are seeking retirement and would like to see the company continue to

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