Plastic Injection Molding Manufacturer with Real Estate and Seller Financing

Price: $1,500,000

Location: East Tennessee

Industry: Plastics and Rubber Products Manufacturing

Listing ID: 11302026

Listing Status: New

Description

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.

LISTING 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

Operation

Year Established: 1997

Lender Pre-Qualified: No

Employees: 6

Security on Lease: Yes

Lease Option: Yes

Location

Real Estate: $900,000

Real Estate Included: Yes

Monthly Rent: $9,000

Type of Location: Standalone building

Square Footage: 12,500

Relocatable: Yes

Summary

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.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Ramon Sanchez-Vinas

Ramon Sanchez-Vinas