Seller's Contact Information

  • RE:  Plastic Injection Molding Manufacturer
  • Contact:  Not Disclosed

Quick Facts

Asking Price: $2,150,000
Annual Revenue: $1,612,000
Net Profit: $408
Cash Flow: $410,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $650,000
Year Established: 49
Employees: 11
BBN Listing #: 68002979
Broker Reference #: 12970HK

Email or Print Listing

Business Overview:

The Company, established in 1973, is a family-owned company located in New Jersey. The Company is a product development and fabrication facility for custom precision injection molded products. Its ability to design and engineer solutions allows the Company to deliver precision injection molded products/components on time, to quality specifications and within budget. The Company specializes in short run injection molding and close tolerance and UL certified injection molding as well as medical injection molding. The Company also provides complete tool and mold making capabilities. In 1977 the current owner started working for the company as a molding machine operator. The current owner was promoted through the many departments broadening his skills and talents as the hands on manager. in 1995, the Company was sold and the current owner was promoted to Production Manager. In 2006, the current owner negotiated the purchase of the Company. The current owner is available to help coordinate the transition period after the sale. The Company is operating at 50% capacity, primarily the result of Covid and having lost one of its shift supervisors. Even though the second shift has been discontinued, the Company has been able to handle increased production with its first shift.

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Market Competition and Expansion:

Competition is limited by the ability to deliver precision products by close tolerance and UL certification.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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