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Plastic Injection Tooling & Molding
Location: United States -> Illinois
Industry: Manufacturing > Plastics Manufacturing




Business Summary

This company has a long-standing reputation as an innovative, hard-working partner in the plastic injection industry. With a menu of capabilities that includes in-house design and development, sampling, troubleshooting, and production runs of both prototypes and finished products, the company's turnkey operation consistently meets or exceeds the close tolerance quality tooling and rapid response requirements of its customers. Clients are drawn from a variety of industries, and the company has produced the molds and molding for parts destined for the most demanding electronic, aerospace, industrial, and display applications. The company relies on industry-standard graphic design programs for its product development activities, and the shop floor has the latest in both CNC and EDM equipment for tooling and injection molding production. An efficient quality control system backs up the team efforts of the company's various departments.

Although globalization and the influx of cheaper tooling from overseas have taken a toll on many of its competitors, this shop has actually benefited from the current trade scenario. More and more customers are turning to this company's acknowledged engineering expertise for repairs and refurbishments to defective outsourced molds. Problems range from failure to match original tooling design specifications, to poorer quality molds that have an active production life of a mere two months! This new source of income is developing into a steady revenue stream for the company. Currently running at 70% capacity, this company is well positioned to increase sales across all of its service areas with the addition of a more focused sales and marketing approach. The facility is top notch and there is ample room for future expansion at the current site. Contact for more information on this Plastic Injection Tooling & Molding business for sale.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $3,227,952
Cash Flow:   $1,200,025
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  1972
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Available to stay through transition.
Reason For Selling:  Retirement.




Print Listing Id: 70091580
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Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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