Price: $2,200,000
Location: South-Western Ontario
Industry: Rubber and Plastic Products
Listing ID: Lucrative Auto
Listing Status: Under Contract
Seeking a robust opportunity in the automotive aftermarket and plastic extrusion sector? Your search ends here! We're thrilled to introduce a highly profitable enterprise with decades of experience under its belt.
For almost half a century, this business has been a vanguard in producing decorative, flexible plastic body-side moldings, wheel well moldings, door edge protectors, and custom extrusions for cars and trucks. With its commitment to quality and innovation, the company has captured a significant market share and has built an indelible reputation. The breadth of the products and their top-tier quality has made them the first choice among professionals in the restoration market.
The company's unique offerings are not limited to the automotive sector; it has also ventured into non-automotive custom applications, broadening its customer base. The in-house design facility and an extensive proprietary die collection ensure that the company can deliver unique solutions to diverse clientele.
The current business model offers low-risk avenues and tremendous potential for expansion. The prospective buyer can tap into new markets, extend product lines, and establish fresh vendor partnerships. With the owner set to transition into a new phase, this presents a golden chance for an ambitious entrepreneur to steer this ship to even grander horizons. Grab this opportunity to dominate a prospering industry with a legacy brand. This opportunity would make a great add-on to an existing plastic extrusion business or as a free standing business.
Total Sales: $4,151,333
Cash Flow: $432,647
FFE: $125,276
Inventory: $1,700,000