Industry-Established Manufacturer of Plastic In...

Minneapolis, MN
Hennepin County


Asking Price: Annual Revenue:
$525,000 $318,018

Miscellaneous: Non-classifiable


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RE: Industry-Established Manufacturer of Plastic In... Broker: Sunbelt Business

Quick Facts

Asking Price: $525,000
Annual Revenue: $318,018
Net Profit: Not Disclosed
Cash Flow: $149,203
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1949
Employees: 3
BBN Listing #: 308964254
Broker Reference #: MINNEMN003-51045

Email or Print Listing

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Business Overview:

This business was founded in 1949, and has proved to be extremely successful for the past 40+ years. The company molds two close tolerance medical parts. The handicap accessories, office sectors are the most notable customer recipients. There has been a loyal recurring customer base for a remarkable 20+ years. From 2019 to present, Covid-19 and the economy have not been a factor in the gross profit or gross sales of the company. These profit and sales are calculated on a 3 day work week by the company for the past 5 years so plenty of room for additional growth opportunities as well. Prior injection mold experience is required.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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