Profitable And Long-Established Custom Plastic Injection Molding Plant Available. Property Is Optional

Business Overview:

Green is a custom plastic injection molding company established in 1977 and has had just one owning family since then. Custom plastic injection molding, which involves the manufacturing of intricate plastic components by injecting plastic molten plastic into a mold, plays a crucial role in various industries, offering versatility, precision, and cost-effectiveness. Green works primarily with wholesale customers in Colorado and throughout the U.S.Both annual revenue and EBITDA + Owner Compensation have increased significantly since 2019. 2019 revenue of $2 million has more than doubled to $4.2 million in 2023 and EBITDA + Owner Compensation has more than tripled from $174,142 to $644,106 over the same period.The Asking Price of $3,200,000 includes machinery valued at more than $800,000 and working capital (inventory and certain accounts receivables) of $1,000,000; it does not include the property.Green operates out of a 35,415 SF purpose-built facility which sits on 3.7 acres of land. The owners will consider selling the land and building to the right buyer although their preference is to retain and lease it to the buyer.The plant has been running three shifts a day, four days a week, since the early 1980’s. There are almost 40 employees (combination of W2 and 1099) and most senior positions are staffed by long-tenured individuals.This is an excellent opportunity for the right buyer. The owners do not expect to retain active roles in the business although senior management will provide a training and transition period to the new owners.Attributes:Forty-seven years of successful B2B custom plastic injection molding products & services.A strong, stable, and experienced team that is well managed.Long-tenured list of customers with excellent working relationships from design & order all the way through to timely payment of invoices.Risk of supply chain disruptions is well-managed with ready access to numerous raw materials providers.Efficient use of facilities: three 8-hour shifts running four days per week. But there is still capacity to expand without significant additional capital.Significant machinery and equipment, with an estimated FMV of over $800,000, included.Working capital, exceeding $1 million, included.The owners prefer to retain the land and building and lease it to the new owners but are willing to consider selling both to the right buyer.

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Property Features and Assets:

3.7 acres, 35,415 SF purpose built facility. Property can be included in transaction but not mandatory

Reason for Selling:

Owning family is retiring

Additional Details:

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