$Seller Financing Available
| Asking Price |
$3,200,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$1,250,000 | Real Estate |
$1,000,000* |
| Cash Flow |
$350,000 | Year Established | 1944 |
| FF&E |
N/A | Employees | 7 |
* included in the asking price
** not included in the asking price
Target Company, a precision injection molding company, has been in operation since 1945. When the business was started they provided custom precision machine shop services for commercial and industrial applications. In 1969 they installed their first plastic injection molding machine which gave birth to the present company. Target Company has an excellent reputation in the industry and attributes 90% of its revenues to customized plastic molding services and 10% of its revenues to research & development for portable shelter systems, With over 60 years of experience in precision machining and plastic injection molding Target Company has proven and verifiable expertise processing most thermoplastics, including polystyrene, polyethylene, polypropylene, acrylics, acetal (POM), ABS, polycarbonate, polysulfone, PPS, Ultem, PET, PBT, Polyester, Polyamide (nylon), Noryl & other modified PPO, PEEK, Polyketone, LCP, Teflon, TPU, TPE, Kraton, PC/ABS, PC/PMMA, conductive polymers (carbon filled), glass filled, mineral filled, flame retardant, and Hyperbranched polyols. Since Target Company has supplied customers with the highest possible product quality at the lowest reasonable cost. The company s greatest strength is in optimizing product design to produce affordable tooling and reduced part costs. Target Company currently runs one shift operating Monday through Friday. The Company operates from a 25,000 square foot single level building in good overall condition that is included in the sale. Today, the company offers total engineering and production capability to efficiently support a client s plastic molding requirements, including decorating, assembly, welding and packaging. In-House Tooling Guaranteed Production Tooling (lifetime of product) Design Review (optimizes processes and design for cost effectiveness) Value-Added Production (packaging, pad printing, hot stamping, assembly, ultrasonic welding
Facilities: 25,000 sf building, zoned for manufacturing on 3+/- acres. Recentoy appraised at $1,000,000
Growth/Expansion: This business has unrealized potential
Seller Financing Available: Yes
Financing: Seller will provide some financing
Support/Training: Owner will train
Reason Selling: Retiring from business

Jim King
King & King Business Advisors
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