Western NC Tool & Die Shop (ID: 1012393)

Business Description

This excellent Tool and Mold Company is for sale due to the imminent retirement of the president and general manager (27%) and the other four minority shareholders not wishing to remain in ownership without him. The other four owners will sign long term employment contracts with the new owner and wish to stay employed in this business. The real estate is similarly owned and may be purchased or leased by a new owner.

There is no particular industry specialization in this Shop the business manufactures a wide range of plastic molds and Die cast dies for US manufacturing companies mainly within 50 miles of their facility. Their customers manufacture for the consumer durables industry, in addition to some work in the textiles industry, the medical industry, the filtration industry a little automotive work and also some work for the calibration and metering industry. A large percentage of their customers are located within 100 miles of their plant.

For further information on this listing, please contact Peter Coleman at 704-644-1142 or peterc@sunbeltbrokers.biz. See all of our companies for sale at www.charlotte.sunbeltnetwork.com.

About the Business

Year Established: 1997
Number of Employees: 10 FTE

Facilities: Real estate may be purchased or leased by a new owner. 13,000 SF facility with ample parking.

About the Sale

Reason For Selling: Retirement of one of the owners

Training/Support: Four of the Five owners will sign long term employment contracts with a new owner and wish to stay employed in this business, while the fifth owner wishes to retire.

Seller Financing: Seller will consider some financing

LISTING KEYWORDS: tool, die, machine, fabricate, fabrication, manufacture, manufacturing, charlotte, mecklenburg, north carolina, precision