Plastic Injection Molding Manufacturing

Plastic Injection Molding Manufacturing

South Bend, IN
Listing Number:
 IEB-101-08

Financial Information

Asking Price: $1,425,000
Real Estate: Owned
Gross Revenues: $1,025,000
Cash Flow: $475,000

Business Description

Absentee Owned with Management in Place

This well-established company serves a wide variety of blue chip customers in Northern Indiana. The company manufactures plastic parts for the boating, rv, health equipment, home improvement, and other industries. Many of the parts are on open purchase orders which the company fills each month. There is no major customer concentration and most of the customers have been loyal for many years. The company owns the molds for majority of its products. They rarely lose any customers and margins are high. The business is mostly absentee owned. The owner spends most of the year out of the state. Experienced management runs the business day to day.

If a new owner worked in the business and focused on finding new customers, business growth could be accelerated.

General Information

Facilities: The owner of the business also owns the real estate. The owner would prefer to lease the real estate - at the current rate the business pays today - to a new owner. However, he would consider selling the real estate also.

Employees: 7

Support & Training: Seller will ensure full training and complete transition assistance.

Reason Selling: Retirement

Contact Information


Contact:
 Troy Frank
Phone: 317-333-6655 x 101

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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