ASKING PRICE: $295,000
Cash Flow: 2018 - $194,780
Gross Revenues: 2018 - $600,000
This is a rare opportunity to own a 60+ year old, profitable and well established Plastic Injection Molding Manufacturing Business in Los Angeles. This business is perfect for a buyer with injection molding experience who wants to start their own business, or for an existing company that wants to expand their business. Buyer should have manufacturing and injection molding experience
The well regarded, full service business specializes in all aspects of plastic injection molding and currently services clients with its high quality custom injection molding and plastic parts that are used in the Aerospace, Industrial, Chemical and High Tech Industries. Corporate office is located in Southern California, but clients are nationwide. Many clients with the company over 30 years.
The company is also set up for complete tooling manufacturing to create tools or parts for vehicles, airplanes, heavy equipment, or any product that needs customized components.
This very successful company has a loyal customer following and produces top quality work which is why they have been successful throughout the 60+ years in business.
Business is profitable with strong historical sales and can be verified with books and records with Tax Returns.
The business operates from a fully equipped facility in Los Angeles, California.
* After 29 years of running the business, the current owner is looking to retire.
Business Highlights: Price listed at a 1.5 multiple, Long Term Clients, Well Established, Stellar Reputation, Growth Opportunities, Owner Retiring, Turn-key setup.
For more information contact
Los Angeles Business Broker Robert Dean.
310-793-6757. Email: Robert@BannerBusinessSales.com
2355 Westwood Blvd. #273. Los Angeles, CA 90064