This plastic recycling business takes a company’s industrial HD plastic waste and converts the material back into a reusable regrind or pellet form. The material is sold to companies who can manufacuture it into a new finished product, which may or may not be the same as the original application.
Plastic recycling is the process of recovering scrap or waste plastic and reprocessing this material into useful plastic products. Since the vast majority of plastic is non-biodegradable, recycling is a part of global efforts to reduce plastic in the waste stream, especially the approximately 8 million tons of waste plastic that enters the Earth’s ocean every year.
This business started in 1986 and serves an important part in the plastic recycling industry. It is a very profitable company providing nearly $300,000 in annual owner earnings, requires very little labor costs, long-established business with time-honored loyal customers and vendors, non-sophisticated business and easy to learn, all the equipment needed to currently run the business, and tons of growth opportunities.
The new owner will need to move the business to an approximate 7,000 sq. ft. facility for production and storage space with loading docs.