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Plastics and Rubber manufacturing business

Beaver County, PA

Plastics and Rubber manufacturing business
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Asking Price: $3,200,000

Cash Flow: $848,000

Gross Revenue: $4,700,000

EBITDA: $580,200

FF&E: $790,000

Inventory: $410,000

Real Estate: $1,350,000*

Established: 1989

*not included in asking price.

Plastics and Rubber manufacturing business

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Business Description

Profitable plastics molding and rubber extrusion business (western PA)

Profitable, established and growing manufacturer of custom and proprietary plastic injection and blow molded products, and butyl rubber laminates. Proprietary products include 'peel and stick' butyl rubber acoustic and sealant laminates, specialty bottles, and molded water purification unit. Loyal customer base (1994 - 98) with five new in 2019. Sole supplier to several customers. Stable, competent workforce, with excellent safety record. Favorable building lease with option to purchase.

Detailed Information

Location:
Beaver County, PA
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
27,300
Employees:
32
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
27,300 sq ft block building with humidity controlled molding area and lab, warehouse, maintenance / machine shop, offices, bulk silo, material handling equipment, etc. Injection machines from 120 to 550T. Blow molding machines for up to 1 gal shapes, reciprocating and shuttle. Extrusion equipment (mixers, extruders, laminate feeders, vacuum tables). Fully equipped lab, secondary operation equipment / assembly,
Competition:
Markets served include industrial packaging, aquatics, aviation, hospital supply, chemicals, construction, automotive aftermarket, industrial supplies, etc. The company's products are niche and therefore competition is limited and mostly national. eg. injected thread closures, blow molded specialty hollow parts, extruded butyl rubber laminate sound deadener.
Growth & Expansion:
New customer growth underway in 2019 for injection molded aviation and packaging parts, butyl rubber sound deadener laminates, and specialty blow molded industrial containers. Existing, core customers are market leaders and growing.
Support & Training:
One owner will remain with the business for a period of time to assist new owner with all aspects of the business to ensure a smooth transition.
Reason for Selling:
retirement
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Business Listed By:
david harnish

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