Manufacturer of Injection Molds for Plastics

New England

Manufacturer of Injection Molds for Plastics

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$1,400,000

EBITDA:$82,000

FF&E:N/A

Inventory:N/A

Established:N/A

Manufacturer of Injection Molds for Plastics

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Business Description

The Company manufactures high-tolerance injection molds for plastics, primarily for manufacturers of medical equipment. The Company also offers in-house micro-welding, a service that most other tool and die shops do not. Overall, with a superior industry reputation, strong customer and supplier relationships, regional name recognition, comprehensive industry expertise, proprietary custom molds manufacturing capabilities, high-quality molds with intricate tolerances, prompt service, and a highly-skilled labor base and management team, it is well-positioned for significant growth.

It manufactures new molds (57.0% of 2014 sales), repairs, refurbishes, and revises molds (42.0%), performs micro-welding (0.5%), and machined parts (0.5%). During 2015, the Company manufactured and completed 8 new molds, 227 repairs, 3 104 micro-welding jobs, and 36 machined parts jobs. It targets medical (75% of 2015 revenue), and industrial application, including military, electronic, and optical lens (25%) market segments in the US. The Company maintains a base of 30 customers (20 active), and over 95% of revenue comes from recurring active customer orders.

The Company employs 11 full-time and 1 part-time employees, all non-union. Overall, the Company’s team has a diverse professional background, depth of experience, and an unwavering commitment to excellent client service.

Detailed Information

Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Pursue Other Interests

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George Nova

Business Listed By:
George Nova

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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