Jeff Sundermeyer
Suwanee, GA (USA)
Role(s):
VP/SVP/Dept Head
Great Southern Tape
Find More Startups
Startup
Location:
Franklin
Industry:
Manufacturing
Year Founded:
2018
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
GST has the potential to be a 50 million dollar company within the first 10 years with strong returns on exit. This is a rebuild with asset. Manufacturing adhesive tapes like Duct tape, Masking tape, Blue painters grade for retail, industrial, OEM and much more. the potential is amazing and striating to do bids over $40million within the 6 month start up. A great way to add to your current portfolio or looking for a great turn around this company is in with giants. perspective of how big this can grow the smallest competitor in retail is doing over $700 million in sales. It's a perfect storm to be purchased by a larger competitor over a short amount of time. Last competitor just sold for $78 million last year.
Investors we are looking to raise capital to compete in the market with the right people in place. We feel the amount we need will give us the ability to do this right and get out faster.