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Plastic Bottle Blow Molding Business

Location  Ohio,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1445000
Net Profit / Cash Flow  $253000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1978
Number of Employees  10 - 19
Inventory  430000
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Owned
Training  Owner available for reasonable transitioning, staff will most likely stay on after the sale.
Reason for Sale  Other ventures.
Description  This unique manufacturing company does custom blow molding. Blow Molding is a highly developed molding technology developed back in the late 1800's to produce celluloid baby rattles. It is best suited for basically hollow parts (such as plastic bottles) with uniform wall thicknesses, where the outside shape is a major consideration. This fine company uses this process to blow mold plastic bottles and has been successfully doing so since the business was founded in 1978. They offer a new owner a great opportunity to take a business that is already successful and with a great reputation, quick service, flexibility and competitive pricing and build on that foundation to secure your future. Call today for full details! This company will work with their clients one on one to help them stay within their budget and at the same time, fulfilling their wants and desires. This fine Ohio based company does blow molding for major packaging, bottle and container companies. They are recognized for their good reputation, reliability, strong customer base, and customer service and located in a wonderful location on a city street off of the Interstate. The current owners have management in place but are willing to assist a new owner through a transition period as needed. After years of hard work and loyal customers standing true throughout the years, the current owners are ready to see a new owner take it to the next level. The business manufactures plastic bottles from blow molding. All equipment, and inventory included in the sale. There are 2 buildings totaling 12,000 sq ft located on 1/3 acre. The buildings include 8,000 sq ft for storage and a 4,000 sq ft work area with minimum office space. The property is owned with option to buy or lease. Relocatable within reason. With 95% repeat clientele, reliability, integrity, quality of work, timeliness of response, competitive pricing and knowledge keep this business at a high repeat level. 20% financing.
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