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- RE: Under Contract-Long-Standing, ISO Certified Injection Molder
- Contact: Kate Vriner
Quick Facts
Asking Price: | $6,900,000 | |
Annual Revenue: | $12,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $700,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $800,000 | |
Real Estate: | $3,800,000 | |
Year Established: | 1978 | |
Employees: | 65 | |
BBN Listing #: | SB-54635 | |
Broker Reference #: | DAYTOOH001-54635 |
Business Overview:
ISO-certified injection molder of plastic products or consumer products, toy, food, electrical and health care supply sectors. The Company can process a wide variety of plastic engineering-grade materials utilizing its 27 presses with press sizes ranging from 55 to 850 tons. This business has two additional operations. The secondary operations provide value added services to enhance capabilities and competitiveness in the injection molding marketplace.The injection molder company has many long-term relationships with a diversified customer base. Many customer relationships greater than 10 years provide a consistent revenue stream. The business has an experienced management team, as the current owners are not involved in the day-to-day operations. The current management team consists of a President, Divisional Managers, Customer Service, and Accounting. Included in the asking price: $5.1M in Net Working Capital ($4.2M in inventory, $2.1M in AR, $1.2M AP) and $3.8M in Real Estate.
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Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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