At retirement age, the owner has decided to sell this plastic manufacturing and injection molding company. With a diversified base of clients, the business has for over 40 years, manufactured a variety of products including arts and crafts, toys, health and recreation products, containers and many more, that it sells, mostly in Quebec and Ontario. Fully equipped, the company comes with seven injection moulding machines with pressing capacities of up to 500 tons, hundreds of moulds and everything else required to operate. The business has both recently renewed and newly signed contracts. The company has a very experienced team, including the current owner, that is willing to stay. For information contact Gonzalo Suarez at 514-865-7845 or by email at [email protected] network.com
Financial Information
$1,080,000
Asking Price
$343,000
Cash Flow
$1,307,000
Gross Revenue
Business Location
City:
Montréal
State:Quebec
Reason for Sale
Retirement
Detailed information
Year Established:1980
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 7
Part-Time Employees:1
Contractors:2
Owner Worked Hours/w:35
Adjusted EBITDA:
$263,000
Inventory Included: Yes
Monthly Rent:
$9,363
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 13702
FF&E Included?: Yes
FF&E Value: $400,000
Training/Support
Owner will to provide the necessary training for a smooth transitions. Also willing to discuss a permanent presence post acquisition if desired by the buyer.
Facilities
Industrial building with a manufacturing space in the back and several offices in the front.
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