Plastic Injection Molding Manufacturing Company

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Asking Price:
$295,000

Gross Revenue:
$600,000
Cash Flow:
$194,780
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$25,000
included in asking price

FF&E:
$185,000
included in asking price

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Business Description

This is a rare opportunity to own a 60+ year old, profitable and well established Plastic Injection Molding Manufacturing Business in Los Angeles. This business is perfect for a buyer with injection molding experience who wants to start their own business, or for an existing company that wants to expand their business. Buyer should have manufacturing and injection molding experience

The well regarded, full service business specializes in all aspects of plastic injection molding and currently services clients with its high quality custom injection molding and plastic parts that are used in the Aerospace, Industrial, Chemical and High Tech Industries. Corporate office is located in Southern California, but clients are nationwide. Many clients with the company over 30 years.

The company is also set up for complete tooling manufacturing to create tools or parts for vehicles, airplanes, heavy equipment, or any product that needs customized components.

This very successful company has a loyal customer following and produces top quality work which is why they have been successful throughout the 60+ years in business.

Business is profitable with strong historical sales and can be verified with books and records with Tax Returns.

The business operates from a fully equipped facility in Los Angeles, California.
* After 29 years of running the business, the current owner is looking to retire.

? Business Highlights: Price listed at a 1.5 multiple, Long Term Clients, Well Established, Stellar Reputation, Growth Opportunities, Owner Retiring, Turn-key setup.

About the Business

Location:
Los Angeles, California
Year Established:
1956
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
6,000
Rent:
$3,500.00 Per Month
Facilities:
6,000 square foot facility with several Van Dorn Plastic Molding machines, CNC Milling Machines, Drills, Cutters, Fork Lifts, Heaters, Dryers, etc. Business works out of an office that is upstairs from the work area.
Market Outlook/
Competition:
Many of the clients have been with the company for over 30 years. Consistent cash flow.
Growth & Expansion:
Business currently does not have a website and does no advertising or marketing. A new buyer can build upon the name and excellent reputation of the company to grow the company to the next level..
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Seller will assit buyer for 4 weeks at 30hrs per week.

Listing Info

ID:
1614386
Ad Detail Views:
0

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Business Listed by

Robert Dean, CBB, CBI

Banner Business Sales, Inc.
License# California License # 01720308

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