We are pleased to announce the successful sale of a well-established manufacturing business and its accompanying real estate assets in North Texas.
Business Overview:
Founded in 2007, this company has been a leading manufacturer of commercial-grade tapes and utility marking products for over 18 years. Their product line includes underground utility tapes, barricade tape, flagging tape, custom marking flags, and inverted spray paint used for surface marking. These products serve utility companies and law enforcement agencies across the U.S., particularly in the Sunbelt and Eastern regions.
Performance Highlights:
- Strong national customer base with consistent weekly/monthly repeat orders
- 2024 revenue growth of 15% with net income margins at 25%
- Clean and accurate financials, with well-maintained tax returns and P&Ls
Growth Potential:
The business has operated without a dedicated sales team, relying primarily on repeat and unsolicited new orders. There is significant opportunity to expand into the Western U.S. with the addition of inside sales personnel. With investment capital and increased staffing, the business is believed to be scalable by over 200%.
Facility Details:
The 48,000 sq. ft. manufacturing and office facility sits on 4.3 acres in a thriving industrial park with national tenants. The property offers ample space for additional production equipment and inventory, supporting future growth.
Transition & Terms:
The previous owners, now retiring, have agreed to assist during a transition period to ensure a smooth handover. This was an all-cash asset sale with no seller financing involved.