Plastic Injection Molding

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Asking Price:$750,000
Gross Revenue:$2,109,000
EBITDA:$200,000
Established Year:1971
Cash Flow:$280,300
Inventory:$62,500
FF&E:$1,203,922
BUSINESS DESCRIPTION

Well Established Plastic Injection Molding

Plastic Injection Molding Company:
The business was founded over 50 years ago and specializes in injection molding services with engineering, tooling, production, machining, and secondary operations. The company works with startups as well as corporations to assist in the design, development, and production of plastic components. The company values their long-standing relationships with their employees and suppliers and has a 98% customer retention rate.

Business Strengths:
Niche Market; West Coast location; Web Marketing; Excellent reputation; Well-established customer base; 10,000 Sq. Ft. Facilities; Expansion potential with additional products, marketing, advertising and/or with the development or acquisition of proprietary products.


DETAILED INFORMATION
Inventory
Included in asking price
Employees
19
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is located in an established industrial/manufacturing district just outside of the city limits of a major Pacific Northwest city. The business park location is well monitored by law enforcement and security. The low crime area is close to the I-5 corridor, highways and truck lines and provides easy access to most points in the northwest. The company leases the approximately 10,000 sq. ft. concrete tilt-up manufacturing facility on a 30,000 sq. ft. lot with 28 parking spaces. The company has all the necessary fixtures and equipment to operate
Competition
The business has 104 wholesale customers with a 98% retention rate. The top five account contribute 42% with 2 customers representing 25% of sales. The business provides services to the consumer, construction, infrastructure, municipal and other industries. The business has local and national customers. The competitors are local and national.
Growth & Expansion
The business could be expanded by adding additional machines and equipment and expanding the warehouse and production space or by the development or acquisition of proprietary products.
Support & Training
It is assumed that all employees, except the owner, would want to continue with the business after purchase. The owner will provide on-site training and will be available for consultation after the sale.
Reason for Selling
Retirement
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Raymond
G. Hanson
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Raymond G. Hanson