Full-service Pallet Manufacturer and Recycler

Financial & Assets Details

About the Business

Business Description

The company is a full-service pallet manufacturer and recycler. The company provides new and refurbished pallets to customers throughout Tennessee.

Growth & Expansion

Opportunities
· Continue to take advantage of the growing housing and development markets
· Expand operations to surrounding states with large and increasing resident populations
· Implement a marketing strategy, dedicated sales team, and company website to generate additional sales leads
· Provide add-on services such as resale of recycled cardboard, metal, and plastic
· Attend trade shows and seminars to develop relationships with more pallet brokers to bolster sales

Market Competition:

Key aspects
· Prime location close to a major hub for distribution centers
· Solid, long-term relationships held with both customers and suppliers that span over a decade
· Largest pallet provider outside of Memphis in West Tennessee, suppling over 2,800 pallets per day
· Spacious facility with room for expansion
· Owner of over sixty 18-wheel trailers, which allow for superior delivery service for customers within a 125-mile radius of the business
· The company is in close proximity to Nashville, TN which is a expanding market of manufacturing and housing

Location Details:

Real estate
· The company owns six acres of land and two buildings totaling 32,500 square feet. The land and buildings are included in the sale of the business.

Headquartered
· Tennessee

Reason for Selling:

Shareholder/owner objectives
· The company has two shareholders looking to exit their roles in the business following a transition period. One shareholder is open to remaining with the business for a period of three to five years as a remote consultant.