Midwest Engineered Die Cut Materials Manufacturer

Not Disclosed, MI
Ottawa County

near Grand Rapids

Asking Price: Annual Revenue:
Not Disclosed $4,614,695

Manufacturing: Plastics

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RE: Midwest Engineered Die Cut Materials Manufacturer Broker: Shu Ghosh
Owner Financing is Available!

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $4,614,695
Net Profit: $265,298
Cash Flow: $124,976
Total Debt: $1,273,806
FF&E: $643,650
Real Estate: $3,250,000
Year Established: 1955
Employees: 24
BBN Listing #: 737523188
Broker Reference #: NVC2191

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Business Overview:

This distressed Midwest company provides engineered die cut materials tailored to meet its customers’ applications in multiple industries including automotive, appliance, medical and office furniture. Its expertise in both die cutting and steel rule die making services means it can provide customers with rapid prototyping, design resolution, accelerated production and reduced time-to-market. The Company can work with a variety of materials including foams, fibers, plastics, adhesives, paperboard and fabrics. It has partnered with top automotive Tier 1 and Tier 2 companies for 30 years. Current automotive applications include sound-deadening and reinforcement materials for vehicle headliners, visors, doors, engine compartments, and trunks.

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Property Features and Assets:

63,240-square-foot facility on 3.76 acres, where it has operated since 1996. The building has 9,886 square feet of office space and 53,354 square feet for manufacturing.

Market Competition and Expansion:

The Company carries certifications in IATF 16949, ISO 9001:2015 and ISO 14001. The Company is operating on one shift at about 40% capacity. Its current facility is capable of housing significant growth in production volume.

Reason for Selling:

Pay off debt and retire.

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.

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