BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$2,500,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$2,901,084
Net profit / cashflow:
$459,636
Years established:
1994
Trading hours:
Monday – Friday 7:30 a.m. to 5:30 p.m. Some fully automated equipment does operate 24/7.
Number of employees:
22
OTHER DETAILS
Reason for selling:
Retirement
Support and training:
Negotiable as required by Purchaser. Seller will also look at a consulting agreement.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
This established injection molding business has focused their efforts on long-term growth industries such as medical, electronics, and industrial while still serving the consumer products sector as capacity allowed. In 2011 they entered the green energy market and today products in this sector make up about 20% of their sales. They employ a qualified and knowledgeable staff of managers, marketing personnel, as well as project managers, production and quality control personnel. They design molds, working alongside customers, but do not make any molds in-house. They are capable of repairing and maintaining molds that are used for production.
This business was started almost twenty years ago and began as a specialty molder producing products for a dedicated customer. Eventually technology made the need for the product obsolete and the company changed its focus and mix of clientele.
Expansion Potential
This manufacturing opportunity offers a new owner an extremely
successful foundation from which to grow. Actual revenues for 2013 are exceeding projections and net income is approaching $100,000 per month. A new owner will have a trained staff in place and a number of new projects being budgeted and secured for the future in the industrial, electronics and green energy markets.