How Do I Sell My Plastics Business?
Sell Your Plastics Production Business
Selling a plastics manufacturing company you can seem difficult. How do I find the buyers? How do I keep my employees from finding out I’m selling the business? Synergy Business Brokers can help you sell your plastics production company. We have worked with a variety of plastic manufacturing companies.
- Plastic manufacturing design
- Plastic manufacturing molding
- Plastics manufacturing engineering
- Custom plastics manufacturing
No matter your niche in plastics production, we can help sell your business effectively. Plastics have been around for a long time. There are thousands of different uses for Plastics and many kinds of Plastic Companies. If you own a Plastic Manufacturing or Distribution Business, it can be a great way to make a living. However, you may be at a point where you are considering retirement. You may be wondering: What would be the best way to sell my Plastics Business? How much time will it take to sell my Plastics Company? What valuation can I expect?
Business Brokers with experience selling Plastics Businesses
Fortunately, Synergy Business Brokers has experience selling Plastics Manufacturing & Distribution Businesses. We can guide you through the process and answer your questions. To give you the best response, we'll start by learning more about your business. What type of Plastic Products do you sell? Who are your Customers? What are the skills of your employees and your role as the owner?
We sell Plastics companies with annual net incomes (including salary) of $200,000 to $5 Million, so we'll want to know if you fall within our range. If so, we have a lot of potential buyers. We'll review your financial information and compare this to what other similar plastics businesses sell for and give you a potential asking price for the company. You can decide if this would satisfy your needs and if you want to move forward with us. We'll provide our Commission Agreement for your review. We charge a fee only if we sell your business.
Selling Your Plastics Production Company Confidentiality
The first steps to selling your company effectively is keeping it confidential. Synergy Business Brokers we worked to keep the sale of your business confidential from your employees, the general public, and potential investors. Even our buyers have to sign a nondisclosure agreement to make sure the sale of your business is not known publicly. This is important to the survival of your business through the sales process.
Confidential Marketing Program
After the commission agreement is signed, we'll get to work on writing up an overview document about your business. The overview document is designed to attract buyers to your Plastics Business and keep the sale of your business confidential. We'll advertise this document on the internet using artificial intelligence, social media, and email marketing. We'll contact other plastics businesses, private equity firms, wealthy entrepreneurs, and many different types of companies that can leverage your unique products, customers, and skills.
Before providing details, we'll qualify the buyers financially and have them sign a Non-Disclosure Agreement. We typically need to speak with many potential buyers before we have someone that we are ready to introduce to you. This way, we'll make the best use of your time. After you have met with some buyers, the next step is to have them make offers. We will work with you to give you our analysis and recommendation of the offers that come in. However, you retain the right to accept or reject any given offers and decide who you want to negotiate with. We are working on your behalf.
Once you decide to accept an offer, we'll work with you and the buyer to expedite the due diligence process and move towards signing a purchase agreement and closing the deal. On average, it takes 6-9 months to sell a Manufacturing and Distribution Business.
Common Questions About Selling A Plastics Industry Business
We have so many plastics manufacturing businesses. Working with different business owners we have received a variety of questions. Well we provide a free confidential consultation, below are a few common questions we receive:
How Much Should I Sell My Plastics Molding Business For?
It is so important to know how much your plastics production company is worth. It is difficult to sell a business without providing a listing price. Synergy Business Brokers help provide you an accurate assessment of your business to determine its value. There are many factors that determine the business's value. Let us help you sell your business for its full worth.
Where Can I Sell My Plastics Manufacturing Business?
You can list your plastics manufacturing business for sale locally, nationally, and internationally. I Synergy Business Brokers we have access to a wide pool of interested buyers. Plastics manufacturing businesses are widely sought after my business is looking to cut out the middleman and lower production costs for their own company. Synergy Business Brokers take the time necessary to find qualified buyers for your plastics business.
Can My Plastics Production Business Survive Without Me?
If you have ever gone on vacation, it may seem like everything goes wrong at your plastics production company while you are gone. If your company can’t survive a vacation, how can you survive your retirement? Typically during the negotiation of sale buyers will be interested in a transition time frame where you remain an employee at your company. You then help the buyer take over your responsibilities. This will make sure your business can survive without you.
How Long Does It Take To Sell My Plastics Forming Business?
Selling a business takes time. Some plastic manufacturing businesses sell quickly (1-3 years). Others take a longer time to sell. An hour of time it takes for your business to sell is dependent on the economy as well as a variety of factors around your business.
Is a Plastics Industry Merger and Acquisition Profitable?
Merging a plastics manufacturing business with yours can be very profitable. In order for it to be profitable, merge Hass to be done efficiently and effectively. If you are interested in acquiring a plastics manufacturing business contact us.
About Synergy Business Brokers
Synergy Business Brokers provides the professional services of an M&A firm without an upfront fee. For more, you can read: What are the differences between M&A firms and Business Brokers. To hear from our customers, view Testimonials & Reviews and our Corporate Video. We sell plastics businesses with annual revenues of $700,000 to $40Million in NY, NJ, CT, MA, PA, MD, TX, NH, LA, OH, VA, DC, and throughout the US.
Free Consultation To Sell Your Plastics Business