Eco-friendly manufacturer of glassware made from bottles

Marathon County, WI (Relocatable)

Used to be a Chardonnay bottle... now a wine glass and a tumbler
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Asking Price: $180,000

Cash Flow: N/A

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $290,000

Inventory: $130,000

Rent: $2,500 /Month

Established: 2000

Eco-friendly manufacturer of glassware made from bottles

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Business Description

Unique capabilities with high capacity equipment - motivated seller

The company has been a pioneer in the conversion of bottles into high end glassware since its initial founders established the business in 1992. Unique and patented is the conversion of the top of the bottles in goblets/wine glasses.

Today, the company is selling its large product line in multiple channels: online direct to consumer, over hundreds of gift stores nationwide, to regional and national retailers as well as to candle companies and restaurants. The company is also capable and verified as a subcontractor for national glassware manufacturers.

Clientele include amongst others Estee Lauder companies, National Parks, National hotel chains

Attached Documents


Detailed Information

Location:
Marathon County, WI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company is situated in a 6000 sqft facility. Assets include high capacity glass manufacturing equipment, a belt driven annealing lehr (oven), kiln, a custom built 60 heads wine glass maker and decoration equipment (screen printer, laser etcher). The production equipment is valued at $ 290,000 . Also include bottle stock $ 40.000, product ready-to-go inventory $ 90.000, material handling and packaging material as well as intellectual property, valued at over $25,000.
Competition:
The market for sustainable glassware is still growing. Though there is some competition, none of the competitors have the same high capacity, high end capability as the company. Also, the company has a unique, eye catching and patented process for converting the tops of bottles into wine glasses.
Growth & Expansion:
There is plenty of opportunity to drive sales in many of the existing channels.
Support & Training:
Documentation, manuals are available. Training and support available upon request.
Business Website:
http://www.greenglass.com
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Business Listed By:
Oscar Wientjes

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