Industrial Mold Manufacturer
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1317600
Net Profit / Cash Flow $199247
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1979
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training.
Reason for Sale Retirement.
Description Founded in 1981 Excel Quality Mold produces high-end, high-hardness molds for the plastics industry. Excel enjoys success due to their competitive pricing, value creation, strong customer relations, product quality, and the ability to estimate costs accurately. These success elements provide the Company with a 98% rate of repeat business and the diversified customer base neutralizes the effect of becoming too dependent on one or two customers and industry cycles.
This profitable company serves clients in two markets, proprietary, and contract engineering. Many of ExcelllA?s proprietary customers are in the medical supply field and Excel is a foundational source for new products such as sharps containers, hypodermic components, and similar disposable products. Excel works with these manufacturers early in design stage and is a strong A?Time to MarketttA? partner. In the contract-engineering field, Excel supports engineering firms who bid mold designs for a wide variety of industrial customer needs. The quality of their work and ability to develop and solve unique design issues insures a constant flow of bids and successful contracts. The firm also provides mold maintenance services for their own and for competing clients.
The company is currently enjoying solid order growth, employs State of the Art equipment, and handles machine tonnages up to 500 tons. ExcelllA?s tooling, machine, and inspection equipment list is extensive as well as a wide array of robust engineering software. The company has an excellent technical staff and middle management supervision. The present owner agrees to assist the new ownership during a reasonable transition period and is open to continuing in an onsite design and management position for a preapproved time in the event the acquirer of the firm is a subsidiary of a related industry segment or is a horizontal support component to a manufacturer.
For more information, please contact Peter Patel at 310-539-8300.
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