Plastic Compounding Business in Oakland County
Listing Price: $749,999
Asking Price: $749,999
Cash Flow: N/A
Gross Revenue: $2,234,216
EBITDA: N/A
FF&E: N/A
Inventory: $400,000
Rent: $15,167 per Month
Established: 1995
Business Description
Recycled Compounding Company
This company is 28 years old and under current ownership for the past 18 years. Founded as a manufacturer of performance grade flexible PVC for the auto industry. They specialize in critical color matched plastics and concentrates for all applications. Current owner is retiring. For more information, please contact Nadir Jiddou at 248-220-3274.
Detailed Information
- Location:
- Oakland County, MI
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- 35,000
- Lease Expiration:
- 8/31/2024
- Employees:
- 7
- Facilities:
- 35,000-square-foot industrial building in Oakland county with easy access from major highways. All equipment is in working order.
- Competition:
- There is a great need for recycled plastics to help the environment. This location provides an excellent opportunity as few companies in the immediate area provide this service.
- Growth & Expansion:
- Great chance for a new owner to take over a well-established business with room for growth. New owners can increase marketing to attract new customers.
- Financing:
- $400k Down, 10 year Amortization, 8 Percent Interest, Balloon Due In 3 Years.
- Support & Training:
- The seller will provide training as needed for qualified buyers.
- Reason for Selling:
- Retirement
- Listing ID: 2396
- BizBuySell ID: 2071019
- County: Oakland County