Overview

  • Updated On:
  • April 1, 2024

Description

Summary Description
Highly experienced parts manufacturer specializing in plastic mold parts, and polyurethane foam mold parts with strong production staff and management in place. The business well positioned for many more years of success.   

Whether you need a mold designed, prototypes made, trial runs (hundreds), small production (thousands) or large production (millions), from small 100-tonne to large 500-tonne this business is designed to ensure parts meet high quality standards and delivered on time.  Plus, the line-up of injection mold production machines provides for available capacity beyond their current output.


General Information
Year Established: 2007
Employees: 40+
Facilities: The company operates from a 29,000 sq.ft. manufacturing facility situated in a municipal industrial park. Includes office space, shipping and receiving bays, inventory storage, quality control stations, and production shop.  Flow of goods is efficient and designed to meet customers tight quality specifications and stringent timelines.

Market Outlook
Competition: This business supplies high quality products and is centrally located in the Great Lakes/Mid-West industrial heartland.  This business is an expert in the field of plastic & foam integration and a global leader in polyurethane design.  
Growth and Expansion: There is potential to leverage its leading competitive position through traditional marketing and sales efforts.  Further, the business is only operating at approximately 20-30% of capacity. They have the manpower, space and the equipment is already in place, just need the mold to drop in to grow production.

Property Id : 22212
Business Asking Price: $10,000,000
Including: Furniture, Fixtures & Equipment:$1,000,000 Inventory: $300,000
Gross: $5,500,000
EBITDA: $1,800,000
Listing ID: LBBO51
Support/Training: Transitional training available.
Financing: Terms Acceptable to the Seller
Reason for Selling: Retirement
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William Sivell