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
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 commercial applications 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 has nearly 50% net margins.
- Company has operated for 18 years.
- Patents are valued at over $3,000,000.
- Over $1,000,000 in equipment (price new) is included.
- 7,000 sq ft building on 6 acres in Central OK is available for lease or purchase.
- Business employs a plant manager and 2 full-time employees.
- Company manufactures proprietary patented parts from recycled plastics for the wood flooring industry.
- Manufacturing is outsourced to a regional strategic partner; finishing and shipping are handled in-house.
- Over $500,000 in purchase orders in the last 90 days.
- Revenues have grown 20% nearly every year since 2018 and have grown over 500% in the last 10 years.
Contact Info
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