Plastic Drinkware Manufacturer Serving Distributors & Retail Customers
Gross Revenue: | $14,100,000 |
EBITDA: | $1,398,000 |
BN000057273 Plastic Drinkware Manufacturer Serving Distributors & Retail Customers
The Company manufactures quality promotional sports bottles, lids, stadium cups, and Frisbees, with continuous development for new proprietary, patented, and trademark/branded product lines. Plastics manufacturing capabilities span to injection molding, extrusion molding, and injection stretch blow molding (ISBM)s, with supplemental custom design and printing ability for large-volume purchase orders to a wide ranging customer base.
Key Aspects
· Recent investment in state-of-the-art equipment and support systems enable material production with multiple plastic grades.
· Proprietary trademarks, patents, and beneficial equipment & production methods.
· From 2018 through 2023, approximately $7 million in machinery & technology investments were made at the manufacturing facilities.
· Hybrid manufacturing structure to customize products, with approximately $1.7 million of inventory that is in high demand & ready to ship.
· Centrally located, with favorable, quick access to major highways, distribution hubs, and railroads.
· Diverse customer base across several sectors, served through an established supplier and distributor network.
Opportunities
· Development of a new product line made from 100% recycled plastic with Green Circle certification.
· Capability to expand production capacity to $60 million in sales with present product line, according to ownership, without any immediate investment required post sale.
· Further expand drinkware product offerings to directly serve the promotional market.
· Establish a larger retail market presence as a secondary sales channel in addition to new international connections via the Company's existing network.
· Augment the Company website for improved search engine optimization in conjunction with e-commerce product placements outside the supplier/distributor sales channel.
· Expansion of the sales team for new business development.
· According to ownership, a large share of the general plastic bottle commodity market is vast & untapped.
Current Markets
· The Company products are primarily sold through supplier and distributor channels to end-customers seeking promotional plastic drinkware products in both small & large-volume purchase orders.
Real Estate
· The Company operates from four neighboring facilities with over 167,500 square feet of clean, safe, and climate-controlled manufacturing, warehousing, and office space. Essential storage, electrical, and production equipment infrastructure is already in place with an additional 9.32 acres available for future expansion.
Shareholder Objectives
· Ownership anticipates making an eventual full exit after a negotiable transition period post sale. Ownership is open to various deal structures that will successfully facilitate a transaction.