Plastic Extrusion

Fast-growing Plastics Manufacturer Based in North Carolina

    • Asking PriceNot Set
    • Revenue$6,607,000
    • SDE$1,100,000
    • Inventory$430,000
    • FF&ETBD
    • REAL ESTATE$2,000,000
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CONTACT THE BROKER

Erik S- Reduced
Erik Sullivan
919-263-2550

Business Description

Leading Plastics Manufacturing Company with Tremendous Growth

This North Carolina-based plastics manufacturer specializes in a wide range of plastic materials, as well as product and tooling design. The company has bounced back strong from COVID-19, and maintains 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 SDE: $1.13M
- 2022 SDE: $469K
- 2021 SDE: ($29K) (COVID-19)
- 2020 SDE: 787K
- 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.

INVENTORY

Included in asking price.

Furniture, Fixtures, & Equipment (FF&E)

Included in asking price.

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

This company has the ability to grow and expand through multiple avenues, including expanding product offerings and entering new markets. The owners are seeking a strategic partner to provide the necessary capital and expertise to accelerate growth and take advantage of these opportunities.

Reason for Selling

The owners are seeking retirement and would like to see the company continue to grow and thrive under new ownership.

MMI Still-1-2

Completed Transaction: Master Machine, Inc.

Warren Brandon grew Master Machine significantly after buying the company in 2014, but knew partnering with a strategic buyer could amplify his success even more. 
See Their Story