Custom Extruder of Thermoplastic Resins

BUSINESS INFORMATION

A well-established profitable company that has been in the community for over two decades and has a good reputation for delivering quality products.

The Company has 15 full-time employees and hires additional temporary workers, through an agency, when needed.

The Company provides several products including design & custom plastic extrusions, vacuum sizing, punching, tooling, tape application, intricate end-cuts, co-extrusion, precision cut and drilling.

OPPORTUNITY

The Company has long term key employees, a new lease along with some new highly efficient equipment giving the Company the resources to increase revenues.

Production could be expanded to bring on new customers and additional shifts could be added on weekends. The Company does not have a regional marketing program with the development of a marketing strategy and an update to the website revenues could increase.

The website is due for an update to improve the overall look and functionality and improve search engine optimization (SEO) capabilities.

There is an opportunity to expand sales channels by engaging a digital marketing firm with a social media strategy to drive brand awareness, increase online traffic and revenue.

REASON FOR SALE

Owner wishes to retire. They will be available, for a negotiated period of time, post-closing to assist with the transition.

INVESTMENT RATIONALE

The company has a solid base of recurring customers that it has established through their proprietary method of tooling. With a natural organic growth already in place it allows for a successful strategic initiative.