|Custom Injection Molding Based in UK for sale|
United KingdomListing DetailsOffice ID: PLASTICS1
Listing Broker: Jeff Snell
Listing Price: $1,500,000
Gross Revenue: $1,979
Inventory Included: No
FF&E Included: No
Sales Structure: Asset Sale
Financing/Terms:All financial representations including asking price are listed in British Pounds. Owners Cash Flow is seller calculated EBITDA on annualized recent 12 month fiscal year performance.
Reason for Sale:US based owners are focused on another project requiring time and capital.
OperationsYear Established: 0
Employees (full-time): 16
Business Description:Company designs and manufactures moulds as well as the actual manufacture of injection moulded products utilising 24 machines for products ranging from a few grams up to 1.25kg. Company manufactures two proprietary products and is capable of sub and pre assembly processes.
Historical Summary:The company is located in the UK and have been trading for over 30 years. Located currently in the same location for over 18 years the company has built a strong reputation for quality among defence, medical, transportation, beverage dispense, electronics, pneumatics, and marine customers around the world.
Owner Qualifications:Company is currently absentee owned by a US concern. New owner may continue with current management in place if desired.
Competition:Successful manufacturers in the competitive worldwide injection moulding industry have specialized. This company not only created a niche early on, it also has the benefit of two proprietary products. Company currently holds BS EN ISO 9001-2008 certification valid until March 2012.
Potential Growth:There is always demand for high quality and superior customer service which this company is well know for providing its clients.
LocationReal Estate for Sale: Yes
Monthly Rent: $4,167
Company operates two stand alone buildings for manufacturing housing two 450 tonne presses, a product storage silo, and residential property that is let out. Company maintains it's own toolroom for new tool manufacture as well as maintenance of in house and customer tools.
Last Updated: Dec 18, 2017 / 11:53 AM
Financial Information Current as of: Nov 30, -0001 / 12:00 AM