Buy a Plastic Manufacturing & Fabrication Company For Sale business for sale in Undisclosed on BusinessesForSale.com

  • Advert ID: 602542

Plastic Manufacturing & Fabrication Company For Sale


Location:
Category:

Listed by:

Asking price:
$1,380,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$1,411,199
Net profit:
$371,835
Years established:
17
Employees:
7
Relocatable:
This business can be relocated.


This 17 year-old established company manufactures a unique product line (3000+ different units) that is a desired accessory by hobbyists in a mature but expanding industry embraced by ‘boomers’. The company’s owners are well-funded, successful inventors. This product is marketed nationally and internationally through distributors and retailers. The company also does private label manufacturing for many large internationally known companies. The facility is ideal for the manufacture of the specialty items produced with plenty of room for growth in the future.

Who should inquire about his business? Those with a background in plastic fabrication/manufacturing, sales and who also have a management background. You should have available cash of at least $138,000 for downpayment funds plus working capital. The Buyer will need excellent credit to qualify for third party loans for the majority of the purchase price. The Seller may provide a limited amount of Seller financing.

This is neither an offer to sell nor a solicitation to sell securities. A non-disclosure agreement and other financial qualifications are required prior to the disclosure of the business location or other pertinent information about this business.


Lease terms:
Real property is not included in the sale; however, the current owners are willing to negotiate an acceptable lease based on the expense guidelines of the third party appraisal procured by the owners prior to the sale of the business.

Expansion potential:
An aggressive two-person outside sales team could increase sales appreciably when used in conjunction with a more vigorous magazine advertising program utilizing hobby specific publications.
Competition / Market:
There is little to no direct competition for an exact product match. The competitive products in a similar category are up to 200 percent more costly and provide far less functionality and thus are less desirable.
Support & training:
The owners will provide four weeks of training for the new entering party. In addition, the owners will be available for consultations during a transition period. The owners will sign a non-complete document.
Reasons for selling:
The owners wish to retire.
Furniture / Fixtures value:
$155,000 (included in the asking price)
Inventory / Stock value:
$45,000 (included in the asking price)
Related documents:

For more information about this business for sale, click the Contact Seller button.

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