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Cutlery and Flatware Company Investment Opportunity in Philadelphia, United States

Compostable and biodegradable products manufacturer, 100 % made in the USA with the turn-key operation.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 240 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 30 - 40 %
Industries Cutlery and Flatware + 1 more
Locations  Philadelphia
Local Time 10:46 PM America / New York
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 150 thousand for 40.0% stake (Native Currency: USD 150,000)
Reason: Selling out 40% to capture fund and leaving 2 owners out of LLC.
Includes physical assets worth USD 600 thousand
Interested to connect with advisors
Documents
Business Overview
- Company designs and manufactures custom-based beverage straws and cocktail drink stirrers that are 100% compostable, eco-friendly product.
- We manufacture and supply to other companies and businesses such as restaurants, resorts, cafes and much more. We also have distributors to sell our products.
- Active day to day operation manufacturer with complete machinery set-up, on-hand raw materials, packaging, wrapping, digital printing equipment and much more.
- Fully customizable (colour, length, diameter) manufacturing capacity varies on requirements.
- Demand for the product is growing day by day and new products could be introduced in the future.
- Sustainable solution to an ongoing plastic problem.
- Alternative to plastic (bioplastic) ASTM 6400 certified.
- Better than paper straws (guaranteed not to get soggy) will last as long as your drink lasts. Made using natural renewable resources grown in the USA (corn).
Brand name is trademark approved.
We have vendor accounts with Amazon, Sysco, Casions and with other distributors.
Products & Services Overview
Manufacturer of custom eco-friendly (made from PLA) corn grown in the USA. Beverage straws, drink stirrers and other single use compostable disposable products.
Assets Overview
Full compostable straw manufacturing machinery including extruder, cooling tank (2 sets), chiller, cutter, belts, printing machine (2 sets), digital printer (4 sets), belts, raw materials, air compressor, website and all social media accounts.
We have vendor account with Amazon, Sysco, LA casinos and many more for potential growth.
We have stocked inventory value over $100k.
Facilities Overview
Facility of 9,000 sq ft on a lease.
Capitalization Overview
Total 3 owners,
One with 60%, and 2 owners with each 20%.
Each owners put fund from pocket, No outstanding debt balance.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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