Business For Sale

Plastic Injection Molding Manufacturing

South Bend, IN
St. Joseph County


Asking Price: Annual Revenue:
$1,425,000 $1,025,000

Manufacturing: Plastics


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RE: Plastic Injection Molding Manufacturing Broker: Troy Frank
Owner Financing is Available!

Quick Facts

Asking Price: $1,425,000
Annual Revenue: $1,025,000
Net Profit: Not Disclosed
Cash Flow: $475,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 7
BBN Listing #: 767737008
Broker Reference #: IEB-101-08

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Business Overview:

Absentee Owned with Management in Place

This well-established company serves a wide variety of blue chip customers in Northern Indiana. The company manufactures plastic parts for the boating, rv, health equipment, home improvement, and other industries. Many of the parts are on open purchase orders which the company fills each month. There is no major customer concentration and most of the customers have been loyal for many years. The company owns the molds for majority of its products. They rarely lose any customers and margins are high. The business is mostly absentee owned. The owner spends most of the year out of the state. Experienced management runs the business day to day.

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Property Features and Assets:

The owner of the business also owns the real estate. The owner would prefer to lease the real estate - at the current rate the business pays today - to a new owner. However, he would consider selling the real estate also.

Market Competition and Expansion:

If a new owner worked in the business and focused on finding new customers, business growth could be accelerated.

Reason for Selling:

Retirement

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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