Unique Plastics Business - Limited Competition
Location New York,United States
Asking Price Range < $250K
Gross Revenues $575000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1977
Number of Employees 4 - 5
Inventory 75000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Training Seller will assist with training and transition after the sale.
Reason for Sale Moving to Florida.
Description Profitable business with established reputation providing niche customized acrylic plastic products and off the shelf products. Their products include shelves, tables, boat windshields, TV Stands, Sports cases, windows, racks, etc. Many of the customized products just can't be found at any other businesses in the area. Their customers include homeowners, architects, interior designers, art galleries, boat yards, and colleges. The current owner focuses on sales, customer service and management of the business. He has very reliable employees that handle the manufacturing of the products and also has a sales person to assist him. Great location on a busy street. Very reliable employees that have all been working at the business for over 10 years. Reasonable hours of operation.
Facilities: 6,000 sq. ft. of space on one floor with 4500 sq. ft. showroom and 1500 sq. ft. manufacturing facility. Also an additional 2400 sq. ft. which is made up of 1200 sq. ft. basement and 1200 sq. ft. loft where there is an office and break room. 10 year lease available. Reasonable rent of $8,000 would include real estate taxes.
Competition: Very limited competition for this business. Closest direct competitors are in NYC.
Growth and Expansion: Current owner has mostly relied on incoming business. A new owner that is more proactive could establish relationships with resellers of their products or larger commercial accounts.
Contact for more information on this Plastic business for sale.
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