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Custom Plastics Fabricator

Philadelphia, Pennsylvania (Philadelphia County)

Mfg. - Rubber and Plastic Products | Mfg. - Miscellaneous Manufacturing

Asking Price $1,025,000 Inventory $5,000* 
Gross Income $829,000 Real Estate $1,000,000** 
Cash Flow $325,000 Year Established 1991
FF&E $42,500* Employees 2

* included in the asking price

** not included in the asking price

The company has excellent gross profit (57%) and cash flow (39% of sales). Sales efforts to date have not been extensive. The existing space can support significant additional volume - even without expanding to the other floors. Equipment and inventory requirements are low. The company has a stable full-time work force and part-time labor to meet seasonal demands. Much of labor force is drawn from the local neighborhood or can use public transportation. All these factors provide for a superior opportunity for growth and profits. The building, which is also for sale, is in good condition, is well situated and has stable, long-time tenants.

Facilities: Building is owned and is also available for sale. Business occupies 7,200 sq. ft. on the first floor. Second floor and basement leased to long-time tenants. Loading dock and large freight elevator. Close to major Interstates and public transportation. Labor force drawn from local neighborhood.

Growth/Expansion: Plenty of capacity for growth - even in existing space without using the other floors. Marketing and sales efforts have not been extensive to date. Web site only initiated in 2007

Support/Training: 60 days.

Reason Selling: One of the two partners is retiring

AD # 371028

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