Plastic Injection Molding - B2B Product

Sun Valley, CA (Los Angeles County)

Plastic Injection Molding - B2B Product

Asking Price:$800,000

Cash Flow:$243,500

Gross Revenue:$2,735,900

EBITDA:N/A

FF&E:$300,000

Inventory:$302,500*

Lease Rate:$0.51 /SF/Month

Established:1983

*not included in asking price.

Plastic Injection Molding - B2B Product

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Business Description

In business since 1993, this successful injection molding business manufactures 10 styles of a single, B2B product for which there is no local competition.
Very busy – 35 long term employees operate 3 shifts, 24 hours per day, 5 or more days per week.
Well maintained, fully operational equipment includes 8 – 300 ton injection molding machines. 25,675 square foot facility houses manufacturing, warehouse for raw materials and finished goods as well as administrative offices. No environmental issues with product or process.
Owners suggest that there are opportunities to generate more business from existing clients, add clients and/or add additional products.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
25,675
Lease Expiration:
N/A
Employees:
38
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Occupies approx. 25,675 sf of industrial space in the Sun Valley area of the San Fernando Valley. Monthly rent is $13,055 on a MTM lease. A long term lease is available.
Competition:
There are no local competitors. Firms in China manufacture 1 of the 10 styles, with which this firm successfully competes on price, quality and availability.
Growth & Expansion:
The owners of this business are ready to sell and retire ... they're pleased with what they have and not interested in changing or increasing the business. However, they suggest that there are things that could be done to grow - by increasing business with existing customers, adding new customers and even adding to the product line.
Financing:
Make Offer!
Support & Training:
Sellers will provide transitional training and will be available on a longer term consulting basis if desired.
Reason for Selling:
Retirement

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Richard Schammel

Business Listed By:
Richard M. Schammel

Venture Investors Business Group

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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