Engineering & Manufacturing of Hot Runner Systems

Saint Charles, IL
Kane County

Asking Price: Annual Revenue:
$2,300,000 $1,541,795

Manufacturing: Machinery

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RE: Engineering & Manufacturing of Hot Runner Systems Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $2,300,000 12.5% Buyer Down Payment $287,500 12.5% Seller Financing or Equity Roll $287,500 75% Bank Loan $1,725,000 A 12.5% down payment of $287,500 returns $312,267 in the first year after debt payments!

Quick Facts

Asking Price: $2,300,000
Annual Revenue: $1,541,795
Net Profit: Not Disclosed
Cash Flow: $606,398
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1984
Employees: 8
BBN Listing #: 358534398
Broker Reference #: AEI020

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Business Overview:

This Chicago area business had over $1.5M in sales and a 39% profit margin in 2020, and sales reached $566,000 in the first 2 months of 2021! The company specializes in the design, engineering, and manufacturing of hot runner systems and components for mold making and thermoplastic processing plants. After designing and engineering the custom hot runner system to fit their customers’ plastic injection molding system, they manufacture the system on-site, assuring quality control and reduced cost to their clients. They also have the capability to retrofit existing molds; they can repair or re-configure a system, replace heaters, nozzles, and other components, and they can troubleshoot leaks, heating issues, and flow problems. All of these services contribute to their long-standing client relationships and solid reputation in the market for over 35 years. Their diverse client base consists of mold makers and processing plants for consumer goods in categories such as medical, automotive, cosmetics, caps & closures, consumer electronics, and pet products. Their customers design the product, manufacture it through 3D printing, and gives them the specs; this team then designs the custom hot runner system needed to fit their needs and requirements.

The highly skilled and experienced team includes the Owner (President/Treasurer), as well as a Design Engineer/Project Manager, 3 Machine Operators, 1 in Assembly, 1 Office Manager, and 1 Financial Officer. The owner currently handles general oversight of the business and team as well as some of the engineering; the Design Engineer/Project Manager handles all design engineering for the hot runner systems and manages each project from beginning to end.

Priced at $2,300,000, this company certainly has the potential to go global! An existing hot runner system company could take this business to the next level by using the 25 patented products, the team’s experience, and the customers already in place and expanding. A mold maker could also expand their business by purchasing this company, which would complement their services and products.

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Market Competition and Expansion:

Growth Opportunities: Great opportunity for an existing hot runner system company to expand by using this company’s experience and customers; a mold maker could also expand their business by purchasing this company, which would complement their services & products.

Reason for Selling:

Retirement planning.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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