Listing Type: Assets Only
Category: Manufacturing: Plastics
MLS #: JS997757
| Description: |
All financial representations including asking price are listed in British Pounds. Owners Cash Flow is seller calculated EBITDA on annualized recent 12 month fiscal year performance.
Company operates two stand alone buildings for manufacturing housing two 450 tonne presses, a product storage silo, and residential property that is let out. Company maintains it's own toolroom for new tool manufacture as well as maintenance of in house and customer tools.
Company designs and manufactures moulds as well as the actual manufacture of injection moulded products utilising 24 machines for products ranging from a few grams up to 1.25kg. Company manufactures two proprietary products and is capable of sub and pre assembly processes.
The company is located in the UK and have been trading for over 30 years. Located currently in the same location for over 18 years the company has built a strong reputation for quality among defence, medical, transportation, beverage dispense, electronics, pneumatics, and marine customers around the world.
Company is currently absentee owned by a US concern. New owner may continue with current management in place if desired.
Successful manufacturers in the competitive worldwide injection moulding industry have specialized. This company not only created a niche early on, it also has the benefit of two proprietary products. Company currently holds BS EN ISO 9001-2008 certification valid until March 2012.
Raw materials are purchased in 28 tonne lots maintaining cost competitiveness on par with much larger producers.
There is always demand for high quality and superior customer service which this company is well know for providing its clients.
As the worldwide economy continues to improve demand for clients products should continue to increase creating pull through demand of custom injection moulded products.
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| Pricing Information |
| Asking Price: |
$1,500,000 |
FF & E: |
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| Gross Revenue: |
$1,274,746 |
Lease/Rent: |
$4,167 |
| Cash Flow: |
$217,000 |
Inventory: |
158009 |
| Adjust Net Income: |
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Real Estate: |
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| Monthly Payroll: |
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| About The Business |
| Style: |
This property is leased. |
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| Year Established: |
1979 |
Lease/Rent: |
$4,167 |
| Full Time Employees: |
16 |
Part Time Employees: |
16 |
| Size (square feet): |
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Lot Size (acres): |
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| About The Sale |
| Reason for Selling: |
| US based owners are focused on another project |
| Is Financing Available? |
| Yes |
| Is Owner Willing To Train/Assist New Owner? |
| Experienced Management Team will remain. |
| Is This a Home Based Business? |
| No |
| Is This a Distressed Business or Bankruptcy Situation? |
| No |
