Custom Plastics Mfg, Mold/Tool, Heat Bend, Vacuum Form, Flame, Engrave

Gastonia, NC
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Asking Price:$550,000
Rent:$19,000/Month
Gross Revenue:$559,000
BUSINESS DESCRIPTION

Plastics Products Manufacturer - possibly relocatable

This 40 year old custom plastics manufacturing business once had sales over $10 Million and 50 employees but has scaled back to just under $1M in sales with 5 employees. However, the have 17 months left on their current lease in a 28,000 SF facility that is capable of large volume production. If a Buyer is not interested in assuming the lease negotiations with the landlord may be required as it is possible to relocate the business. Services include hi quality custom plastics manufacturing, mold/tool making, adhesion bonding, heat bending, vacuum forming, plastic bending, flame polishing, buff polishing, plastics engraving, plastic tapping, mechanical fastening, CNC Machining. Value added services include final assembly and pack out, drop shipping, repackaging and relabeling,. Products include POP Displays, Signs, Tables, Display Boards, etc. There is an extensive list of equipment all of which is in excellent condition. The owners are looking to retire and will transition the business to a buyer over a period of time as required. The asking price of $550,000 is close to the asset values being conveyed in the sale. Listing broker is Hunter Law cell 704-530-5313 hunter.law@sunbeltnetwork.com


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
28,000
Lease Expiration
31/08/2025
Employees
5
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Charlotte
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