80% Green Plastics Co w/$6M Valuation for $3.9 - Business for Sale
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Recycled Plastics Parts Manufacturer for Wood Flooring in Tulsa, OK
Tulsa, OK, US
Added 3 years ago
Manufacturing of recycled plastic parts for wood flooring industry
18 years in business
This 18-year-old manufacturing company in Tulsa, OK produces patented parts from recycled plastics for the wood flooring industry, serving large commercial projects such as gyms and sports courts.
Key Information
Asking
$3.9M
Revenue
$1.2M
Earnings
$600K
Multiple
6.5x
Key Highlights
- Recent third-party valuation is $6,100,000
- Business established for 18 years
- Forecasted 2022 sales are over $1,200,000
- Nearly 50% net margins
- Company has grown 20% nearly every year since 2018
- More than 500% growth over the last 10 years
- Patents valued at over $3,000,000
- Over $1,000,000 in equipment (price new) included
- 7,000 sq ft building on 6 acres available for lease or purchase
- Staff includes a seasoned plant manager and 2 full-time employees
- Outsources injection molding to a regional strategic manufacturing partner
Contact Info
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