High-End plastic fabrication company with 30+ years experience in the industry.
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Asking Price
$550,000
Detailed Information
Gastonia, North Carolina, US
Not Provided
NA
Business Description
High-End plastic fabrication company, offering services such as vacuum forming, CNC machining, and more, with over 30 years in the industry. The retiring owner is selling a business with extensive equipment, including tools for mold-making and various finishing techniques. Although there has been a reduction in staff numbers, this business has the potential to return to its former revenue level of $5 million per year. The company operates from a large leased facility with ample warehouse space and multiple loading docks to support its manufacturing operations. Despite not including real estate in the sale, the business is well-equipped and strategically organized within its current premises. While the business is not prequalified for financing, it presents an opportunity for growth and expansion under new ownership. Overall, this established plastic fabrication business, though currently operating with reduced staff, retains the potential for significant growth. With a range of value-added capabilities and a well-equipped facility, the company offers a unique opportunity to tap into high-end custom plastic manufacturing services within the market.