Injection Molding Manufacturer With Real Estate
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $4436875
Net Profit / Cash Flow $316369
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1962
Number of Employees 50 - 99
Inventory 450000
Relocatable No
Number of Employees 50 - 99
Real Estate Owned
Training 4 weeks at 30 hours / week.
Reason for Sale Other interest.
Description Positioned for tremendous growth, this 35 year old plus manufacturer and proprietary auto after market accessory company is ready for a strategic partner to take it to the next level. The company offers two manufacturing processes and an independent division that warehouses and distributes automotive after market accessories. The two manufacturing processes are injection molding and rotational molding. It has provided custom molding for a wide variety of industries including automotive, medical, hardware, aviation, house wares, and office. This full service company offers the latest in 3-D CAD engineering, product design, rapid prototyping, mold making, decorating, assembly, and packaging. In 2006, the company transitioned from 25,000 square feet and three small buildings to a 50,000 square foot state of the art rotational and injection molding facility of which the auto after market accessory company occupies 8-10,000 feet of warehouse space and shared offices. The end result after $1.5 million dollars spent is a facility with new factory installations specific to rotational and injection molding, new office space, and a facility capable of doing in excess of $10 million dollars annually. The real estate is also available for purchase. The facility is strategically located in an enterprise zone in Southern California which provides employee tax deductions and in the heart of a community with abundant employee resources. Many of the employees have been with the company for 5-15 years and either walk or commute a short distance to work. Major freeways are within close proximity to the facility for ease of trucking and shipping product. The company has a profitable future going forward with a state of the art facility where there is room to grow. It took three years to move, upgrade the new facility, and trim all the fat and the company is lean and ready to grow.
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