Mar 4, 2019 — This growing plastic manufacturing company was established in 1978. This company manufactures a niche product and has a new design on the horizon which could further increase sales. Owners are ready to retire and work very little at adding sales. Despite that, sales continue to increase. The company has a diverse customer base and most of their clients are obtained through word of mouth and attendance at the two largest trade shows in the United States and Europe. Low overhead, high margins and only 3 employees make this a very attractive opportunity.
There are several opportunities for a new owner to increase revenues and market share such as hiring an industry sales team that would be capable of selling the current product lines to every distributor. The company does not currently have a sales team in place. 2018 revenue showed a marked increase from previous years. Seller is looking to retire after many years in the business. As per the Seller, there are several growth opportunities that a new buyer can pursue to further increase market share and revenues.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button to receive a confidentiality agreement and learn more about this opportunity.
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