Business For Sale

Well Established & Profitable Mold & Die Company

Not Disclosed, NC

Not Disclosed.


Asking Price: Annual Revenue:
$1,950,000 $1,682,112

Manufacturing: Metal Products


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RE: Well Established & Profitable Mold & Die Company Broker: Ron Buck

Quick Facts

Asking Price: $1,950,000
Annual Revenue: $1,682,112
Net Profit: Not Disclosed
Cash Flow: $578,875
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1982
Employees: 15
BBN Listing #: 58484955
Broker Reference #: 1308-14550

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Business Overview:

Excellent opportunity to purchase a turn-key, semi-absentee mold, die and machine tool manufacturing and repair facility. Serving the industry for over three decades, the Company provides design, engineering, manufacturing, repair, refurbishment and preventive maintenance services to the plastic injection molding and stamping industries, as well as custom tool and die services to many other industries. Long-standing reputation for high-quality work and great customer service. Experienced management team in place (owner is semi-absentee). Purchase comes with full suite of recently replaced, upgraded, or refurbished machinery and equipment, plus the necessary vehicles to deliver a wide-range of mold sizes and dies to its customers.

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Property Features and Assets:

Standalone facility, customized for the Company, is 18,250 square feet which includes 3,400 square feet of office space and 3,400 square feet of mezzanine for storage of small parts, etc. Facility can be leased for $6,750 per month NNN, or purchased for $1,050,000. The property is being represented by a separate commercial real estate broker. The financials below include the $6,750/month rent charge. Seller Discretionary Earnings for owner of Real Estate is $661,875. The purchase comes with significant assets, including computer numeric controlled (CNC) and manual milling machines, CNC and manual wire and plunge electrical discharge machines, CNC and manual lathes, grinders, forklifts and vehicles for both delivery and management staff use. Total Assets: $530,000

Market Competition and Expansion:

Competition - although there are ten or more mold/tooling/machine shops similar to the Company within a two drive, most if not all of the other shops are production or specialty shops with a different market niche. The US metalworking machinery industry is very fragmented and consists of about 6,500 companies with combined annual revenue of about $31 billion. The US machine shop industry includes about 20,000 companies with combined annual revenue of about $37 billion. While mass production is made possible by tooling, the principal tools themselves often require custom production. These tools are custom-made, one-at-a-time by skilled artisans who patiently and precisely machine, finish, and construct the complicated devices. Only one mold, or set of dies, is needed for the manufacture of many thousands and very often many millions, of pill bottles, makeup jars, tampon holders, car battery boxes, etc. of a given design. The one-of-a-kind characteristic of the tooling industry accounts for enormous differences in management and capitalization strategies and the skills, machinery and technology, amenable to tooling making and mass production. Significant opportunity to expand with sales and marketing program, upgrading the website and addition additional staff.

Reason for Selling:

Retirement.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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