Price: $1,500,000
Location: East Tennessee
Industry: Plastics and Rubber Products Manufacturing
Listing ID: 11302026
Listing Status: New
An established plastic injection molding manufacturer with in house tool and die capability, offered together with its industrial building of approximately 12,500 square feet in East Tennessee.
Seller financing is available: $300,000 minimum down, 6.75% interest, fully amortized over 10 years. A qualified buyer can close without an SBA loan.
The business is being sold following the passing of its founder, with no family succession plans. This is a rare chance to acquire a manufacturing operation and its real estate in a single transaction, with room to grow by adding customers.
A signed NDA is required to receive the financials, equipment list and full details.
Down Payment: $300,000
Total Sales: $488,235
Cash Flow: $116,304
FFE: $200,000
FFE Included: Yes
Inventory: $20,000
Inventory Included: Yes
Year Established: 1997
Lender Pre-Qualified: No
Employees: 6
Security on Lease: Yes
Lease Option: Yes
Real Estate: $900,000
Real Estate Included: Yes
Monthly Rent: $9,000
Type of Location: Standalone building
Square Footage: 12,500
Relocatable: Yes
Facilities Information: See CIM
Reason For Sale: Founder/owner passed away. No family succession plans.
Historical Summary: See CIM
Competition: See CIM
Potential Growth: See CIM
Financing/Terms: $300,000 minimum down, 6.75% interest, 10 years fully amortized.
