ISO-Certified Plastic Injection Molding Company, Indiana
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Asking Price
$6,900,000
Detailed Information
Business Description
This injection molding company is ISO-certified and specializes in producing plastic products for various sectors such as consumer goods, toys, food, electronics, and healthcare supplies. With a range of 27 presses varying in size from 55 to 850 tons, the company can efficiently process a diverse selection of plastic engineering-grade materials. In addition to injection molding, the business offers secondary operations that provide value-added services to boost competitiveness in the market. Established long-term relationships with a wide customer base contribute to the company's steady revenue stream, with many of these relationships spanning over a decade. Despite the owners not being involved in day-to-day operations, the experienced management team, which includes a President, Divisional Managers, Customer Service, and Accounting, effectively oversees the company's activities. The asking price includes $5.1 million in Net Working Capital, consisting of $4.2 million in inventory and $2.1 million in Accounts Receivable, as well as $3.8 million in Real Estate