Business Overview:
This niche manufacturing services company has averaged over $1.5M in annual EBITDA for the most recent (including current) 8 years. 1st half 2010 posted a pretax profit above $1.3M. Management estimates 2nd half pretax profit of approximately $700+K, making total 2010 pretax profit $2+M. 2010 EBITDA projected at near $2.7M.
This Midwest company is ISO 9001:2008 CERTIFIED. Earns high profit margins by providing “one-stop” product development and production services for the manufacture of aluminum injection molds. Its profitable niche is its ability to (1) rapidly design and build hardened aluminum molds for customers needing low-volume injection “shot” requirements, and (2) produce and deliver the injected parts all from the same location. High-volume injection runs also offered.
Historically profitable, paying its 2 shareholders significant benefits + salaries ranging from $600K to over $1M/yr. Pretax Profit 1st half 2010 was $1.3+M. No long term debt and very little current debt; working capital excellent. Projected 2010 EBITDA $2.7+M (management’s est.). The company owns trademarks on certain unique processes, giving it technological superiority over MANY competitors. Other considerations: Well-established / seasoned management team (don’t rely on owners for day-to-day ops); Non-union; Employees Cross-trained; System redundancy procedures in place; Ops well-organized and documented; Leading-edge technologies; New file servers and computer technologies.
Principles Only. Company Info supplied after securing (seller-provided) signed CA & Buyer’s Verified Financial Info.
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:
Excellent modern facilities with up-to-date equipment. 36,255 square feet.
Market Competition and Expansion:
The output of US plastic products manufacturing is forecast to increase at an annual compounded rate of 5.0% between 2009 and 2014.
Reason for Selling:
Retirement
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.
Resources: