Plastic Injection Molding

Plastic Injection Molding Company:
The business was founded over 50 years ago and specializes in injection molding services with engineering, tooling, production, machining, and secondary operations. The company works with startups as well as corporations to assist in the design, development, and production of plastic components. The company values their long-standing relationships with their employees and suppliers and has a 98% customer retention rate.

Business Strengths:
Niche Market; West Coast location; Web Marketing; Excellent reputation; Well-established customer base; 10,000 Sq. Ft. Facilities; Expansion potential with additional products, marketing, advertising and/or with the development or acquisition of proprietary products.

Detailed Information

Inventory: Not included in asking price
Employees: 22

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price

Facilities:
The business is located in an established industrial/manufacturing district just outside of the city limits of a major Pacific Northwest city. The business park location is well monitored by law enforcement and security. The low crime area is close to the I-5 corridor, highways and truck lines and provides easy access to most points in the northwest. The company leases the approximately 10,000 sq. ft. concrete tilt-up manufacturing facility on a 30,000 sq. ft. lot with 28 parking spaces. The company has all the necessary fixtures and equipment to operate

Competition:
The business has 104 wholesale customers with a 98% retention rate. The top five accounts contribute 42% with 2 customers representing 22% of sales. The business provides services to the consumer, construction, infrastructure, municipal and other industries. The business has local and national customers. The competitors are local and national.

Growth & Expansion:
The business could be expanded by adding additional machines and equipment and expanding the warehouse and production space or by the development or acquisition of proprietary products.

Support & Training:
It is assumed that all employees, except the owner, would want to continue with the business after purchase. The owner will provide on-site training and will be available for consultation after the sale.

Reason for Selling:
Retirement