$1.5M in Assets at Design, Engineering, and Manufacturing Company
$1.
5M in Assets at Design, Engineering, and Manufacturing CompanyBased in Chicago with a loyal national client base! CASH FLOW $547,161 Specifications Price $2,050,000 Revenue $1,536,034 Cash Flow $547,161 Service Area Nationwide Employees 8:
1 Owner (President/Treasurer), 1 Design Engineer/Project Manager, 3 Machine Operators , 1 in Assembly, 1 Office Manager, 1 Financial Officer/HR Profit Margin 36% Intangible Assets Solid reputation in the market, long-standing client relationships There are over $1.
5M in assets at this design, engineering, and manufacturing company! They are well established in the Chicago area but have loyal customers nationwide.
With $1.
5M in sales and a 36% profit margin, the company specializes in the design, engineering, and manufacturing of hot runner systems and components for mold making and thermoplastic processing plants.
After designing and engineering the custom hot runner system to fit their customers' plastic injection molding system, they manufacture the system on-site, assuring quality control and reduced cost to their clients.
They also have the capability to retrofit existing molds; they can repair or re-configure a system, replace heaters, nozzles, and other components, and they can troubleshoot leaks, heating issues, and flow problems.
All of these services contribute to their long-standing client relationships and solid reputation in the market for over 35 years.
Their diverse client base consists of mold makers and processing plants for consumer goods in categories such as medical, automotive, cosmetics, caps & closures, consumer electronics, and pet products.
Their customers design the product, manufacture it through 3D printing, and gives them the specs; this team then designs the custom hot runner system needed to fit their needs and requirements.
The highly skilled and experienced team includes the Owner (President/Treasurer), as well as a Design Engineer/Project Manager, 3 Machine Operators, 1 in Assembly, 1 Office Manager, and 1 Financial Officer.
The owner currently handles general oversight of the business and team as well as some of the engineering; the Design Engineer/Project Manager handles all design engineering for the hot runner systems and manages each project from beginning to end.
Priced at $2,050,000, this company certainly has the potential to go global! An existing hot runner system company could take this business to the next level by using the 25 patented products, the team's experience, and the customers already in place and expanding.
A mold maker could also expand their business by purchasing this company, which would complement their services and products.
Services :
Design, engineering, and manufacturing of precision hot runner systems and components Clients :
Mold making and thermoplastic processing companies Lease :
12k sq.
ft.
facility:
3k is office space, the rest is manufacturing and warehouse space; $11k/month Reason for Selling :
Retirement planning Personnel :
8:
1 Owner (President/Treasurer), 1 Design Engineer/Project Manager, 3 Machine Operators , 1 in Assembly, 1 Office Manager, 1 Financial Officer/HR Seller Training Period :
2 years Growth Opportunities :
Great opportunity for an existing hot runner system company to expand by using this company's experience and customers; a mold maker could also expand their business by purchasing this company, which would complement their services & products Year Established :
1984 Location :
Chicago, Illinois Service Area :
Nationwide Services :
Design, engineering, and manufacturing of precision hot runner systems and components Clients :
Mold making and thermoplastic processing companies Lease :
12k sq.
ft.
facility:
3k is office space, the rest is manufacturing and warehouse space; $11k/month Reason for Selling :
Retirement planning Personnel :
8:
1 Owner (President/Treasurer), 1 Design Engineer/Project Manager, 3 Machine Operators , 1 in Assembly, 1 Office Manager, 1 Financial Officer/HR Seller Training Period :
2 years Growth Opportunities :
Great opportunity for an existing hot runner system company to expand by using this company's experience and customers; a mold maker could also expand their business by purchasing this company, which would complement their services & products Current Owner's Responsibilities :
General Oversight of the business, occasionally assists the other engineer on staff.
List Price:
$2,050,000 2020-2021 Average Cash Flow:
$547,161 A/R:
$200,972 amounts may vary Assets Assets:
$1,524,700 Machinery & Equipment:
$1,426,779 Vehicles:
$9,795 Furniture, Fixtures, Software:
Inventory:
$88,126 Intangible:
Solid reputation in the market, long-standing client relationships Cash Flow Analysis Description of Financial Statement Notes GROSS SALES Annualized Net Income Shown on Financial Statement 2021 adjusted for PPP ADDBACKS Compensation to Owner 11% Tax on total W2 Salaries Interest Health Insurance For personal health insurance Simple IRA Personal expense Gifts Non-onward going expense Replacement To replace owner's spouse as HR/Payroll Donations TOTAL ADDBACKS Seller's Cash Flow = Total Addbacks
Net Income Complete the following information to sign an NDA and see more details! Thinking of Selling? When selecting an M&A firm, please use the following Scorecard:
click here for our M&A Scorecard The Firm makes no warranties or representation in consideration to the information provided above.
All communication regarding this business must occur directly with The Firm Advisors, LLC.
The Firm is not a real estate brokerage and does not sell real estate.
The Firm solely advises on exit strategy.
#J-18808-Ljbffr Recommended Skills Automotive Industry Electronics Finance Furnishing Injection Molding Machinery Apply to this job.
Think you're the perfect candidate? Apply on company site Estimated Salary: $20 to $28 per hour based on qualifications.
5M in Assets at Design, Engineering, and Manufacturing CompanyBased in Chicago with a loyal national client base! CASH FLOW $547,161 Specifications Price $2,050,000 Revenue $1,536,034 Cash Flow $547,161 Service Area Nationwide Employees 8:
1 Owner (President/Treasurer), 1 Design Engineer/Project Manager, 3 Machine Operators , 1 in Assembly, 1 Office Manager, 1 Financial Officer/HR Profit Margin 36% Intangible Assets Solid reputation in the market, long-standing client relationships There are over $1.
5M in assets at this design, engineering, and manufacturing company! They are well established in the Chicago area but have loyal customers nationwide.
With $1.
5M in sales and a 36% profit margin, the company specializes in the design, engineering, and manufacturing of hot runner systems and components for mold making and thermoplastic processing plants.
After designing and engineering the custom hot runner system to fit their customers' plastic injection molding system, they manufacture the system on-site, assuring quality control and reduced cost to their clients.
They also have the capability to retrofit existing molds; they can repair or re-configure a system, replace heaters, nozzles, and other components, and they can troubleshoot leaks, heating issues, and flow problems.
All of these services contribute to their long-standing client relationships and solid reputation in the market for over 35 years.
Their diverse client base consists of mold makers and processing plants for consumer goods in categories such as medical, automotive, cosmetics, caps & closures, consumer electronics, and pet products.
Their customers design the product, manufacture it through 3D printing, and gives them the specs; this team then designs the custom hot runner system needed to fit their needs and requirements.
The highly skilled and experienced team includes the Owner (President/Treasurer), as well as a Design Engineer/Project Manager, 3 Machine Operators, 1 in Assembly, 1 Office Manager, and 1 Financial Officer.
The owner currently handles general oversight of the business and team as well as some of the engineering; the Design Engineer/Project Manager handles all design engineering for the hot runner systems and manages each project from beginning to end.
Priced at $2,050,000, this company certainly has the potential to go global! An existing hot runner system company could take this business to the next level by using the 25 patented products, the team's experience, and the customers already in place and expanding.
A mold maker could also expand their business by purchasing this company, which would complement their services and products.
Services :
Design, engineering, and manufacturing of precision hot runner systems and components Clients :
Mold making and thermoplastic processing companies Lease :
12k sq.
ft.
facility:
3k is office space, the rest is manufacturing and warehouse space; $11k/month Reason for Selling :
Retirement planning Personnel :
8:
1 Owner (President/Treasurer), 1 Design Engineer/Project Manager, 3 Machine Operators , 1 in Assembly, 1 Office Manager, 1 Financial Officer/HR Seller Training Period :
2 years Growth Opportunities :
Great opportunity for an existing hot runner system company to expand by using this company's experience and customers; a mold maker could also expand their business by purchasing this company, which would complement their services & products Year Established :
1984 Location :
Chicago, Illinois Service Area :
Nationwide Services :
Design, engineering, and manufacturing of precision hot runner systems and components Clients :
Mold making and thermoplastic processing companies Lease :
12k sq.
ft.
facility:
3k is office space, the rest is manufacturing and warehouse space; $11k/month Reason for Selling :
Retirement planning Personnel :
8:
1 Owner (President/Treasurer), 1 Design Engineer/Project Manager, 3 Machine Operators , 1 in Assembly, 1 Office Manager, 1 Financial Officer/HR Seller Training Period :
2 years Growth Opportunities :
Great opportunity for an existing hot runner system company to expand by using this company's experience and customers; a mold maker could also expand their business by purchasing this company, which would complement their services & products Current Owner's Responsibilities :
General Oversight of the business, occasionally assists the other engineer on staff.
List Price:
$2,050,000 2020-2021 Average Cash Flow:
$547,161 A/R:
$200,972 amounts may vary Assets Assets:
$1,524,700 Machinery & Equipment:
$1,426,779 Vehicles:
$9,795 Furniture, Fixtures, Software:
Inventory:
$88,126 Intangible:
Solid reputation in the market, long-standing client relationships Cash Flow Analysis Description of Financial Statement Notes GROSS SALES Annualized Net Income Shown on Financial Statement 2021 adjusted for PPP ADDBACKS Compensation to Owner 11% Tax on total W2 Salaries Interest Health Insurance For personal health insurance Simple IRA Personal expense Gifts Non-onward going expense Replacement To replace owner's spouse as HR/Payroll Donations TOTAL ADDBACKS Seller's Cash Flow = Total Addbacks
Net Income Complete the following information to sign an NDA and see more details! Thinking of Selling? When selecting an M&A firm, please use the following Scorecard:
click here for our M&A Scorecard The Firm makes no warranties or representation in consideration to the information provided above.
All communication regarding this business must occur directly with The Firm Advisors, LLC.
The Firm is not a real estate brokerage and does not sell real estate.
The Firm solely advises on exit strategy.
#J-18808-Ljbffr Recommended Skills Automotive Industry Electronics Finance Furnishing Injection Molding Machinery Apply to this job.
Think you're the perfect candidate? Apply on company site Estimated Salary: $20 to $28 per hour based on qualifications.
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