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Cutlery and Flatware Company for Sale in Philadelphia, United States

Compostable and biodegradable products manufacturer, 100 % made in the USA with the turn-key operation.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 125 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 36 %
Industries Cutlery and Flatware + 1 more
Locations  Philadelphia
Local Time 5:06 AM America / New York
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 350 thousand (Native Currency: USD 350,000)
Reason: - Owner is unable to run the business due to multiple recent life-changing incidents. Need to sell t... View More
Includes physical assets worth USD 329 thousand
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.

Products & Services Overview

Manufacturer of custom eco-friendly (made from PLA) corn grown in the USA. Beverage straws, drink stirrers and other biodegradable products.

Assets Overview

Full compostable straw manufacturing machinery including extruder, cooling tank, chiller, cutter, belts, printing machine, digital printer, belts, raw materials, air compressor, website and all social media accounts.

Facilities Overview

Facility of 5,000 sq ft on a lease.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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