80% Green Plastics Co w/$6M Valuation for $3.9

Recent 3rd Party Valuation on this “niche” 18year old company manufactures proprietary “patented” parts made from recycled plastics for use in the wood flooring industry is $6.1M!!!. Federal Govt is following CA's lead to mandate "Green Only" mfg'd products and materials! This business has trade certification and standards for its “patented” products that are required in the installation and finish of large commercial wood floor systems like gyms and sports courts. The company has grown 20% nearly every year since 2018 and is virtually recession proof as indicated by its outstanding sales volume and nearly $500K in PO's last 90 days! This company is forecasting over $1.2M 2022 sales and utilizes a regional strategic manufacturing partner to outsource the injection molding of the core products. A seasoned Plant Mgr and 2 FT employees provide the product finish and shipping maintaining low operating costs. With nearly 50% net margins, the Company has had more than 500% growth over the last 10 years! Revenues have grown over the last 3yrs averaging close to $1M with avg net cash flow of approx. $450K. The company is in a strong position to grow 50% or more annually due to the growth of several key customers and state/local infrastructure growth nationally. The business is only a few miles from major interstates and highway arteries and the low cost of living, minimal competition and existing skilled labor force make the location very attractive. The owners will provide extensive training and support for up to 30 days. The business also has 7,000 sq ft building on 6 acres of rural real estate nestled in Central OK available for lease/purchase. The business is priced at $3.9 million, has patents valued at over $3M and over $1 million in equipment(price new)! SBA financing with 10% down and no payments for 1yr!