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Plastic Vacuum Forming Firm - $2.7MM Revenue
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | $2,700,000 | Real Estate: | n/a |
| Cash Flow: | $540,000 | FF&E: | $1,400,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This Stable 44 Year Company Has Developed A Market Niche For Re-Useable Plastic Containers Made Of High Density Polyethylene Vacuum Form Containers That Range In Size From Small Trays To Large Open Containers That Protect Automotive Engines Or Transmissions. The Company Has Long Term Relationships With Customers. There Is No Concentration Of Large Customers. The Company Sells Through Distributors, Sales Representatives And House Accounts.
The Company Custom Designs Products For Its Customers Or Sells Through Its Catalog. Foreign Competition Is Not A Factor Due To The Quantities And Size Of The Open Containers. Key Employees Are General Manager (Sales Manager), Plant Manager And Administrative/Finance Manager. All Have A Long Term Tenure With Company. The Company Has A 26,000 Sq. Feet Leased Modern Facility In An Industrial Area. Renewable Lease Options Are Available To Buyer.
The Company Has Additional Capacity (Double the Revenue) To Expand With Its Well Maintained Vacuum Forming Molding Machines. Products Are Molded And Require Some Automated Or Manual Trimming. Staff Of 15 Employees Include Machine Operators Production Workers And Administrative Employees. Operational Systems Are In Place To Support Continued Growth, Production Control And Finance/Accounting Systems. Monthly Financial Statements Are Generated.
There Are No Known Litigation, Legal, Environmental Or Tax Issues. The Company Operates The Business Five Days A Week. Production Capacity Is Estimated To Be At Least 5 Million . No Additional Equipment Is Required To Expand Capacity. Net Asset value $1.4 million, include net receivables, inventory and equipment. Contact Bill Horton, 949-753-2825, whorton@crossroadsbusiness.com.
The Company Custom Designs Products For Its Customers Or Sells Through Its Catalog. Foreign Competition Is Not A Factor Due To The Quantities And Size Of The Open Containers. Key Employees Are General Manager (Sales Manager), Plant Manager And Administrative/Finance Manager. All Have A Long Term Tenure With Company. The Company Has A 26,000 Sq. Feet Leased Modern Facility In An Industrial Area. Renewable Lease Options Are Available To Buyer.
The Company Has Additional Capacity (Double the Revenue) To Expand With Its Well Maintained Vacuum Forming Molding Machines. Products Are Molded And Require Some Automated Or Manual Trimming. Staff Of 15 Employees Include Machine Operators Production Workers And Administrative Employees. Operational Systems Are In Place To Support Continued Growth, Production Control And Finance/Accounting Systems. Monthly Financial Statements Are Generated.
There Are No Known Litigation, Legal, Environmental Or Tax Issues. The Company Operates The Business Five Days A Week. Production Capacity Is Estimated To Be At Least 5 Million . No Additional Equipment Is Required To Expand Capacity. Net Asset value $1.4 million, include net receivables, inventory and equipment. Contact Bill Horton, 949-753-2825, whorton@crossroadsbusiness.com.
About the Business
Year Established:1961
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Industry: Manufacturing
Segment: Plastics Components Manufacturing Next Listing: Plastic Injection Molding MFG
Last Viewed: Medical Services Provider-Vertical
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