Primary Category:Rubber & Plastic Product Businesses for Sale
High-End custom plastic fabrication company with additional value-added capabilities. Services include vacuum forming, adhesion bonding, mold/tool making, plastic bending, heat bending, flame polishing, bluff polishing, mechanical fastening, plastic tapping, and CNC machining. Seller retiring after being in business for over 30 years.
The Furnitures, Fixtures & Equipment included exceeds the sale price
This business is loaded with equipment that gives them many service and manufacturing capabilities that not many others can offer to customers. A decade ago this business had over 40 employees but the Seller has slowed down and scaled back some as he has gotten older. This business is ripe for bringing it back to it a $5 Million per year company.
Financial Information
$550,000
Asking Price
$100,000
Cash Flow
$558,000
Gross Revenue
On request
Down Payment
Yes
Financing
Business Location
City:
Gastonia
State:North Carolina
Financing Comments
Sellers may consider some seller financing on a buyer-for-buyer basis
Reason for Sale
Owners are looking to retire. Children are pursuing different professions.
Detailed information
Year Established:1980
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 5
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
On request
Inventory Included: Yes
Inventory Value:
$140,000
Monthly Rent:
$20,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 28000
FF&E Included?: Yes
FF&E Value: On request
Training/Support
Seller will negotiate a transition period
Facilities
Very large leased facility with tons of warehouse space. Multiple loading docks. Equipment is spread across the floor to utilize space.
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