This Custom Plastics Manufacturer for sale in the Midwest is a single source manufacturer by providing complete design and engineering through tooling, molding, trimming, silk screening and shipping to their customers. The highly skilled labor force at this business can help any customer design and produce a custom product to meet their needs. The business has an excellent reputation in the industry and is proud to have been family owned and operated for over 50 years.
- Asking Price:
- $3,900,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $6,717,422
- Cash Flow:
- $699,263
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Midwest
- Premises Details:
-
The building is 60,000 square feet for manufacturing and storage. The business has four, 60,000-pound capacity silos for material storage. There is enough available land to expand the building another 120,000 square feet for additional manufacturing/warehouse space.
- Size in square feet:
- 60,000
Business Operation
- Expansion Potential:
-
Due to their reputation in the industry this business has the luxury of being selective in what orders they take. The demand for their products currently outweighs their physical capacity. The business runs three shifts in order to service their customer’s needs. The business could handle more capacity by implementing automation in the manufacturing process. Growth could also happen by expanding the facility at its existing location.
- Competition / Market:
-
This business has a high level of repeat customers for their products. Some customers have been working with the business for over 45 years. This is due to their fair prices, excellent quality and personal service as well as their ability to offer custom design and engineering and a quick-turn delivery.
- Reasons for selling:
-
Retirement.
- Employees:
- 41
- Years established:
- Est. 1950