Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Thriving Plastic Manufacturing Business Sale In Gran Canaria For Sale

Las Palmas, Gran Canaria, Spain
Freehold Price:
€2,500,000 Furniture / Fixtures and Inventory / Stock included
Leasehold:
On request Furniture / Fixtures and Inventory / Stock included
Turnover:
On request
Net Profit:
On request

Seize this exceptional opportunity to acquire a well-established plastics manufacturing company with over 20 years of experience in the Canary Islands. This business boasts a solid reputation, a diverse client portfolio, and a proven track record of success.

Key Highlights:

* Debt-free company with a strong financial position.
* Fully equipped state-of-the-art machinery and highly skilled staff.
* €2.14M annual turnover with a €174K net profit in 2023.
* Expected revenue growth of 20% per year with a projected 12.25% IRR.
* Serves multiple high-demand industries, including packaging, agriculture, and food production.
* Positioned to leverage sustainability trends and EU regulations for future expansion.

This is a rare chance to take over a turnkey operation with significant growth potential in an evolving market. Whether you are an investor looking for a profitable venture or a business looking to expand into the plastics sector, this opportunity is not to be missed!

Property Information

Real Estate:

Available as lease or with real property included

Location:

Located in one of the island's most important industrial areas, near Gran Canaria Airport and the main highway."

Premises Details:

The facility includes two dedicated work areas, an office area with its own office, trucks for distribution logistics, and two specialized machines for manufacturing bags. The property is street-level, featuring two restrooms and an employee access system with fingerprint recognition.

Size in square feet:
3,248

Business Operation

Expansion Potential:

Adapting to the Circular Economy: Implementing circular economy practices, such as plastic reuse and recycling, can be a significant opportunity. Investing in recycling processes or the production of recycled plastics can not only reduce production costs but also attract customers seeking sustainable solutions.

Environmental Certifications and Differentiation: Obtaining certifications that demonstrate a commitment to sustainability (such as ISO 14001 or certifications for biodegradable plastics) can position the company as a leader in environmental responsibility, enhancing brand image and attracting environmentally-conscious consumers and businesses.

Development of New Eco-Friendly Products: Researching and developing more sustainable plastic products, such as compostable or biodegradable plastics, can open new markets. The growth of sectors like food and beverage, where sustainable packaging is on the rise, can provide additional opportunities.

Collaboration with Sustainable Projects and Green Networks: Forming alliances with other businesses focusing on sustainability, such as recycling initiatives, research into new materials, or biodegradable plastic production, could strengthen the company’s position in the market and allow it to take advantage of government incentives for sustainable businesses.

Competition / Market:

Stricter Environmental Regulations: With the growing global focus on sustainability, regulations concerning the use of plastics and their environmental impact are becoming more stringent. Laws around reducing single-use plastics, recycling, and the use of biodegradable materials may pose challenges for plastic manufacturing companies.

Technological Innovation and New Materials: Competing with companies investing in the development of more sustainable and biodegradable materials will be essential. The advancement of technologies promoting the manufacturing of more eco-friendly plastics could pressure the company to quickly adapt to these innovations.

Consumer Awareness: As environmental awareness increases, both consumers and businesses are demanding more sustainable products, which may reduce the demand for conventional plastics and increase competition in the production of eco-friendly plastics

Reasons for selling:

Retirement of the owners

Trading hours:

The administrative office hours are Monday to Friday from 8:00 to 16:00, and the working hours for the operators depend on the workload, which can even extend to 24 hours a day, 7 days a week

Employees:
8
Years established:
24

Other Information

Support & training:

The owners will provide training on how the company operates.

Furniture / Fixtures value:
€465,298 - included in the asking price
Inventory / Stock value:
€2,911,192 - included in the asking price
Related Documents:
Leasehold asking price:
Undisclosed - Furniture / Fixtures and Inventory / Stock included