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Michigan Business For Sale |
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| HIGH COMPRESSION PLASTIC MOLD MFG (2MM EBITDA) |
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| Attn: Alan Stern |
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| Not Disclosed, MI, USA |
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| Asking Price: |
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$13000000 USD USA Dollars |
| Business for Sale Industry: |
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Manufacturing: Plastics |
| Reason for Selling: |
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The company is owned by four brothers. Two would like to exit the company and two would like to remain. They seek a well capitalized buyer to assure continued growth. |
| Year Established: |
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1974 |
| # of Employees: |
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70 |
| Yearly Cash Flow: |
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$2000000 |
| Yearly Gross Income: |
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$19,000,000 |
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Business for Sale Overview:
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Since 1974, the company has taken pride in its ability to surpass its customers' expectations by building compression molds and secondary tooling for the automotive, heavy truck, aerospace and personal watercraft industries. As a completely self sufficient company it provides custom services to meet total program needs. The company specializes in SMC, Woodfiber, Urethane, and RIM processes for exterior body panels, reinforcement panels, door panels, headliners, Package trays, acoustical components, trunk and trim applications.
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Property Features and Assets:
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100,000 sq ft Leased Buildings owned by Family Trust, may be purchased or leased. |
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Market Competition and Expansion:
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This fine company has a strong history of sales and profitability. Its diverse customer base, facilities, management and over all superior operations make it an excellent acquisition prospect for strategic competitors, large molded parts production manufacturers, foreign companies and others. Note: The company has applied for and expects to receive a personal property tax abatement through the State of Michigan that will result in a cost saving of over $250,000 per year. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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