Tupelo Data Room
Rubber & Plastic Products, Other Manufacturing
Active

Custom Plastic Injection Molding Company for Sale

Stark County, Ohio, United States
Asking Price$1.65m
Revenue$3.61m
EBITDA$581k
Cash Flow$651k
Description
The business was established more than 30 years ago as a custom plastic injection molding company with a mission of providing customers plastic parts and products with the highest degree of quality and customer service, reflecting the company’s commitment to American Made Manufacturing and Innovation. With 18 custom injection molding presses ranging from 95-880 Ton Class, the business has the right combination of equipment, engineering and technology to accommodate the most challenging production demands, and offers a wide range of services from tool design and procurement to injection molding services, product assembly and more. Tenured employees and a management team offers an opportunity to own a business with a flexible schedule and ability to take time away. Owners prefer to sell the real estate. Price is not included in the asking price of the business.
Real Estate
$2.50mNot Included in Asking Price
Building Size: 59120 sq. ft.
Furniture Fixtures & Equipment
$2.25m
Inventory
$214kIncluded in Asking Price
Number of EmployeesFull-Time: 24
Year Established
1982
Reason Selling
Owners would like to enjoy more free time together as they approach retirement.
Facilities & Assets
Total of 59,120 Sq. Ft.- included new building 50Tx60x60 in 2014 with 14 foot deep pit Lot size 458,251 sq. ft. / 10.52 acres; 2,760 Sq. Ft. loading platform; 7 offices; Conference room; 20’ ceiling in operations (houses the crane); 15’ in warehouses; 5,000 sq ft outside storage shed; Three docks; 2,760 Sq. Ft. loading platform; 2 Cranes; 30 ton capacity total; 4 drive-ins; 4,000 amps
Support & Training
Owners will provide comprehensive complimentary transitional services and training at their current schedule up to 40 hours a week for 4 weeks.
Market & Competition
Of the three business considered competition, only one is similar in terms of revenue and none perform short run production, making this business unique in the market.
Financing Options
The business has been pre-approved by First National Bank.
Asking Price$1.65m