Excellent opportunity to purchase a turn-key, semi-absentee mold, die and machine tool manufacturing and repair facility. Serving the industry for over three decades, the Company provides design, engineering, manufacturing, repair, refurbishment and preventive maintenance services to the plastic injection molding and stamping industries, as well as custom tool and die services to many other industries. Long-standing reputation for high-quality work and great customer service. Experienced management team in place (owner is semi-absentee). Purchase comes with full suite of recently replaced, upgraded, or refurbished machinery and equipment, plus the necessary vehicles to deliver a wide-range of mold sizes and dies to its customers.
Standalone facility, customized for the Company, is 18,250 square feet which includes 3,400 square feet of office space and 3,400 square feet of mezzanine for storage of small parts, etc. Facility can be leased for $6,750 per month NNN, or purchased for $1,050,000. The property is being represented by a separate commercial real estate broker. The financials below include the $6,750/month rent charge. Seller Discretionary Earnings for owner of Real Estate is $661,875.
Significant opportunity to expand with sales and marketing program, upgrading the website and addition additional staff.
Competition - although there are ten or more mold/tooling/machine shops similar to the Company within a two drive, most if not all of the other shops are production or specialty shops with a different market niche. The US metalworking machinery industry is very fragmented and consists of about 6,500 companies with combined annual revenue of about $31 billion. The US machine shop industry includes about 20,000 companies with combined annual revenue of about $37 billion. While mass production is made possible by tooling, the principal tools themselves often require custom production. These tools are custom-made, one-at-a-time by skilled artisans who patiently and precisely machine, finish, and construct the complicated devices. Only one mold, or set of dies, is needed for the manufacture of many thousands and very often many millions, of pill bottles, makeup jars, tampon holders, car battery boxes, etc. of a given design. The one-of-a-kind characteristic of the tooling industry accounts for enormous differences in management and capitalization strategies and the skills, machinery and technology, amenable to tooling making and mass production.
Will train for 4 weeks @ $0 cost. Products: Manufacturing of molds and custom tools and dies Services: Design, engineering, repair, refurbishment, and preventive maintenance services for molds, tools, and dies. Licenses Required: None