Hardware and Plastic Manufacturing Business for Sale in Guangzhou, China

This listing presents a well-established Hardware and Plastic Manufacturing business located in Guangzhou, China. The company operates from a substantial production base exceeding 40,000 square meters and specializes in OEM/ODM services, leveraging cost-saving and unique production processes to achieve high profit margins. In the last fiscal year, it generated USD 65 million in revenue with a net profit of approximately USD 11 million, boasting USD 46 million in net assets and USD 26 million in cash. The business is poised for growth, with revenue projected to increase by 30% in 2024. A key strategic initiative involves shifting 50% of its production capacity outside of China. The owner is retiring, making this a prime opportunity for acquisition with a valuation based on a 6X PE multiple. The listing also indicates that real estate is available on request.