Plastic Injection Molding - B2B Product

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Profitable, Turn-Key B2B Business!
Asking Price:
$590,000

Gross Revenue:
$2,260,500
Cash Flow:
$204,100
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$192,500
included in asking price

FF&E:
$300,000
included in asking price

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Business Description

In business since 1993, this successful injection molding business manufactures 10 styles of a single, B2B product for which there is no local competition.
Very busy - 35 long term employees operate 3 shifts, 24 hours per day, 5 or more days per week.
Well maintained, fully operational equipment includes 8 - 300 ton injection molding machines. 25,675 square foot facility houses manufacturing, warehouse for raw materials and finished goods as well as administrative offices. No environmental issues with product or process.
Owners suggest that there are opportunities to generate more business from existing clients, add clients and/or add additional products.

About the Business

Year Established:
1983
Number of Employees:
38
Real Estate:
Leased
Building Sq. Ft.:
25,675
Lease Rate/Sq. Ft./Mo.:
$0.51
Facilities:
Occupies approx. 25,675 sf of industrial space in the Sun Valley area of the San Fernando Valley. Monthly rent is $13,055 on a MTM lease. A long term lease is available.
Market Outlook/
Competition:
There are no local competitors. Firms in China manufacture 1 of the 10 styles, with which this firm successfully competes on price, quality and availability.
Growth & Expansion:
The owners of this business are ready to sell and retire ... they're pleased with what they have and not interested in changing or increasing the business. However, they suggest that there are things that could be done to grow - by increasing business with existing customers, adding new customers and even adding to the product line.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Sellers will provide transitional training and will be available on a longer term consulting basis if desired.
Cash Flow Comments:
EBITDA: $161,800
Seller Financing:
Make Offer!

Listing Info

ID:
1216092
Ad Detail Views:
6523

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Business Listed by

Richard Schammel

Venture Investors Business Group

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Certifications:
U.S. Census Data for Los Angeles County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Los Angeles County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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