Business Overview:
Our client is operating a manufacturing company that provides custom
injection molding parts in rubber, silicon, plastic, TPE and liquid
silicon. The company has its own machine shop developing the
respective custom plates and can provide design services for
specialized customer needs.
The majority of sales goes to East Coast customers, with medical,
appliance and marine applications being the major users. The company
can count Fortune 500 companies among their consistent customer
base, and has excelled in resolving very special customer needs, thus,
avoiding the mass market for injection molding.
The seller owns the facilities, located very central and easily accessible
from major highways. The owner will extend a favorable lease.
The company has enjoyed a stable sales level for the past five years,
which could be enhanced significantly by a geographical expansion
and intensified marketing efforts. However, due to a significant
increase in raw materials in ’07 without implementing the needed
increase in customer pricing, the company has experienced a
significant decline in cash flow. Furthermore, inadequate financing
arrangements have left the company without sufficient working capital
at this point.
With only $195k down payment and $90k seller financing, a buyer will
acquire a proven manufacturing facility with an asset base of
$900,000. (The assumption of A/P of $400k is significantly offset by
$200k in A/R).
The technically very experienced management – ready to stay on if
need be - coupled with sufficient facility space could provide for an
expansion without an increase in fixed costs.
. *** ALL DATA BASED ON SIGNED TAX RETURNS ***
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Very nice, clean, and new facility. Real estate can be purchased. Portion of
building needs to be rented out as it is too large for current
manufacturing operation.
Market Competition and Expansion:
Competition: Company has some technical competitive advantages that
set it apart. Niche player with significant growth perspective.
Growth and Expansion: Excellent growth perspectives.
Reason for Selling:
Focus Other Investments
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.