Precision Machined and Molded Plastic Components Manufacturer For Sale

Business description

Highly profitable and well established manufacturer and distributor of precision machined and molded plastic components serving numerous industries including aerospace, food service, medical components, and others. There specialty, however, is in the production of high quality aerospace components. This business distinguishes itself as a leader among others in the manufacturing of complex, precision components and assemblies, resulting in very high barriers to competition. The business sustains a high level of repeat clients due to their diverse services as well as their ability to produce the type of complex components and molds that require no room for mistakes. As an AS9100 Aerospace ISO rated business, they offer machining, fabricating, injection molding, engineering, and product integration. The company is supported by a completely integrated state-of-the-art computerized infrastructure and occupies a 30,000 square foot facility that will be part of the sale. Clean and meticulous, fully air conditioned, and designed and built for the operations this company performs, there is more than ample space to increase production and growth. The business maintains the highest standards of maintenance on the facility and equipment as well. Skilled parts and components from capable and skillful workmanship reward this company with higher margins. This business does not require the full-time presence of the owner, as the capable and tenured staff is more than competent in running the business in his absence. This is an outstanding acquisition opportunity for a new owner who desires established clients, long term contracts, and excellent cash flow with a superb outlook for immediate, as well as continued, long term growth.

Property information

Real Estate:

Lease

Other information

Support & training:

Seller to provide transitional support & training

Reasons for selling:

Other business interests

Furniture / Fixtures value:

$1,462,010 (included in the asking price)

Inventory / Stock value:

$424,000 (included in the asking price)