Description

Full-service recycler of post-consumer and post-industrial plastics. The company recycles all forms and grades of plastic scrap out of its 300,000 square foot facility, specializing in high molecular weight plastics.

Key Aspects
· Superior, patented friction washing process that cleans plastic for recycling
· Excellent reputation refined through 25 years of operations
· Enjoys a significant amount of repeat business due to its exceptionally clean, high-quality recycled plastic
· Green initiatives implemented throughout the 300,000 square foot facility that significantly reduce utility expense
· The facility is conveniently located within close proximity to state ports, providing the capability to export and import plastics with ease

Opportunities
· Large facility, operated by knowledgeable personnel and equipped with necessary machinery to allow an existing recycler to expand and gain market share within the industry
· Affiliate-owned, vacant 18 acre tract of land adjacent to the company that could be utilized by a plastic manufacturer and would significantly reduce transportation costs
· Scalable business with opportunity to expand into different geographical areas

Headquartered
· North Carolina

Market Currently Served
· Carolinas and surrounding states

Real Estate
· The company operates out of a 300,000 square foot facility located in North Carolina. The headquarters is affiliate-owned and the owner is open to selling or leasing the facility. In addition to the headquarters, there is an affiliate-owned, 18 acre vacant tract of land next to the existing facility that can be used to expand operations or provide
complementary products and services.

Shareholder/ Owner Objectives
· Sole shareholder is approaching retirement age and would like to pursue other interests and leisure. The owner is seeking a control transaction, is flexible on structure and is willing to remain with the business in a reduced capacity for a predetermined amount of time to ensure a seamless transition.

Posted Jun 6, 2016

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