Thermoplastics Manufacturing
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
Real Estate: No
Building SF: 35000
Lease Expiration: 2024-08-31
Employees: 4FT / 3PT
Inventory: Inventory included in asking price
Facilities: 35,000 square-feet
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.
Seller Financing Available: Yes
Financing: $400k Down, 10 year Ammortization, 8 Percent Interest, Balloon Due In 3 Years.
Support & Training: Seller will provide training for up to 1 year.
Reason for Selling: Retirement
Lease Info: $15167