*Turnaround* Mold and Die Manufacturer

Not Disclosed, IL


Asking Price: Annual Revenue:
$995,000 $3,859,190

Manufacturing: Machinery


Request More Information
Contact the Seller

RE: *Turnaround* Mold and Die Manufacturer Broker: Max Friar
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: $995,000
Annual Revenue: $3,859,190
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $1,517,000
Real Estate: $3,200,000
Year Established: 1973
Employees: 19
BBN Listing #: 742545079
Broker Reference #: 131

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

Asking Price: $995,000 (Equipment Appraisal: $1,517,000!)

COVID has exhausted the owners of this well-established manufacturing business in the Chicago metro area. They are close to pulling the plug, however, in a bid to sustain their legacy and keep the jobs of the employees, they are willing to sell the business at basement bottom price, $500,000+ less than the appraised value of the equipment. The buyer must act quickly as ownership has determined that they are going to be done one way or another in 2022.

The Company is a mold and die manufacturing business that produces specialty plastic injection molds and die cast dies utilized in a wide variety of industries. The Company employs a skilled and loyal workforce that has an average tenure of 15+ years. The employees can work with limited oversight from the owners and have the skills to find complex solutions for a variety of customer needs.

Due to the Company’s engineering process, detailed project management, equipment base, and a mold capacity of 20,000 lbs., the Company completes most of its work in-house. This allows the Company to provide the highest levels of customer satisfaction with complete control over the design, timeline, and budget on every project. The Company is committed to keeping customers productive through a comprehensive warranty and repair service for all tools manufactured by the Company.

The Company was founded in the 1970s by the current owners (2 owners). The Company boasts a workforce of 19 highly motivated, tight knit, and long-tenured (average 15 years) employees. All current employees except the owners are expected to stay on for the foreseeable future. The owners desire to transition into retirement. They are willing to stay on up to six months to assist in the training of and transition into new management.

The Company operates out of a single facility. The facility is 31,645 square feet, with a clear span of 26 feet. The facility is equipped with two 10-ton and two 5-ton cranes and features two exterior loading docks. The facility is in excellent condition and was built in 1996.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. In addition, you will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email us and request a PDF version.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.

IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email us for support. Thank you in advance!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The Company operates out of a single facility. The facility is 31,645 square feet, with a clear span of 26 feet. The facility is equipped with two 10-ton and two 5-ton cranes and features two exterior loading docks. The facility is in excellent condition and was built in 1996.

Market Competition and Expansion:

Investment Highlights Include: (1) Efficiency and Automation (2) Advanced Precision and Cooling Molds (3) Highly Experienced and Loyal Employee Base (4) Well Maintained Equipment and Facility (5) Glowing Customer Testimonials (6) Significant Media Coverage Growth Opportunities Include: (1) Website Optimization (2) Implementing a Dedicated Sales Team

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!