Rubber Rubber Niche Manufacturing – 60 Years Old Profitable F200 Customers
| Asking Price: | $6,500,000 | Inventory: | $500,000 ** |
| Gross Revenue: | $7,000,000 (comments below) | Real Estate: | $6,500,000 ** |
| Cash Flow: | $1,500,000 (comments below) | FF&E: | $4,000,000 ** |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: approximately |
| Cash Flow Comments: EBITDA current Fiscal Year |
This long established Company creates and manufactures a complete range of custom rubber, polyurethane, and plastic products; from standard compounds to custom designed formulas. The Company operates approximately 70,000 square feet of manufacturing and office space. The Company's unique combination of custom design expertise and large-scale production capacity gives them a strategic advantage in their market. Unique Facilities, Manufacturing Capabilities and Location It is located on the West Coast with convenient access to the major North-South arteries. The Company provides; full compounding and mixing facilities for rubber, polyurethane and silicone; houses the latest in rubber mixing and meter mixing equipment and injection molding machines. Integration of design and manufacturing ensures products of consistently high quality. Strong Financial Performance - The Company has experienced strong and consistent financial performance and growth in the past several years. Since 2005, Total Revenues and EBITDA has grown signficantly Revenues are for 2008 were $8m+ with EBITDA for the last Fiscal Year at $2m. FY 2009 which ends in July 09 is expected to be at $7m with $1.5 in EBITDA Growth Opportunities - The Company is primed for growth due to various internal and external drivers. The Company's existing clients continue to grow. Management has identified several sectors that the company can expand into, prefaced by investments in sales and marketing resources. Customers The Company has over 100 customers with no one company representing a majority of the revenues. The company has built a strong reputation of consistently producing products of high quality.
About the Business
Year Established:1906
Employees:60 full time -
Facilities:The company is situated on nine acres in the Central Valley, CA and operates from 65,000 square feet divided between five buildings.
Market Outlook and Competition:The market for the company’s services and products continue to show growth. Recent economic reports have solidified the strength of the rubber industry. In June 2008, Comtex reported “high growth…for the Industrial Rubber Products market in the USA.” (1) Expectations are for US demand to experience 2.8% average growth through 2012.
About the Sale
Management Training and Support:Owner will stay on board for up to 2 years to ensure a smooth transition to new ownership.
Reason For Selling:Will Retire
Seller Financing:Possible
KEYWORDS: Manufacturing Rubber Manufacturing
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