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Businesses For Sale   >>   Metals Manufacturing Businesses For Sale

Tool And Die Shop For Sale

Location  North Carolina,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1313521
Net Profit / Cash Flow  $337019
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1997
Number of Employees  10 - 19
Inventory  1658044
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Seller will provide training.
Reason for Sale  Retirement of one of the owners.

Description  
This excellent Tool and Mold Company is for sale due to the imminent retirement of the president and general manager (27%) and the other four minority shareholders not wishing to remain in ownership without him. The other four owners will sign long term employment contracts with the new owner and wish to stay employed in this business. The real estate is similarly owned and may be purchased or leased by a new owner. There is no particular industry specialization in this shop the business manufactures a wide range of plastic molds and Die cast dies for US manufacturing companies mainly within 50 miles of their facility. Their customers manufacture for the consumer durables industry, in addition to some work in the textiles industry, the medical industry, the filtration industry a little automotive work and also some work for the calibration and metering industry. A large percentage of their customers are located within 100 miles of their plant.


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