Distressed Industrial Asset, PET Recycling – Southeast U.S.

Confidential Distressed Industrial Asset – Southeast U.S. For sale is a paused post-consumer plastics processing operation located in North Carolina, purpose-built to convert recovered PET bottles into food-grade flake for beverage and industrial buyers. Prior to shutdown, the business generated approximately $3.0–$3.6M in annual revenue with ~$450k–$500k EBITDA at partial utilization, supported by established buyer relationships in the beverage and packaging ecosystem. Operations are currently offline due to capital structure distress rather than market demand. The opportunity is primarily an asset acquisition ahead of a scheduled bank auction and includes a complete PET processing line with a recent third-party appraisal indicating approximately $600k fair market value, ~$320k orderly liquidation value, and ~$160k forced liquidation value. The facility is located in an industrial corridor with access to labor and logistics; restart timeline is short for a buyer with working capital and operating capability. Key commercial relationships are in place, including supply arrangements and customer contracts that are transferable, and the existing management team is willing to remain post-transaction to support continuity and restart. This opportunity may be suitable for strategic operators, recyclers, or investors seeking to acquire installed industrial capacity at distressed pricing with immediate operational upside.