Businesses For Sale: PLASTIC INJECTION TOOLING & MOLDING COMPANY

[Premier Business Businesses for Sale Broker]

[Businesses for Sale]

EXECUTIVE SUMMARY
PBG Reference No.: S801
PLASTIC INJECTION TOOLING & MOLDING COMPANY

We are pleased to present this business opportunity for your review. Premier Business Group, Ltd. is one of the leading business brokerage firms in the Midwest. We specialize in representing manufacturing, distribution and service companies in the divestiture process. The Seller pays our fees; there is no monetary obligation to prospective purchasers. Premiers' expertise includes assisting in structuring the transaction and financing. We encourage you to make an appointment with the broker listed on this offering to discuss your needs, to obtain further information regarding the company you are inquiring about, and to receive information on other companies that may be of interest.

This company has a long-standing reputation as an innovative, hard-working partner in the plastic injection industry. With a menu of capabilities that includes in-house design and development, sampling, troubleshooting, and production runs of both prototypes and finished products, the company’s turnkey operation consistently meets or exceeds the close tolerance quality tooling and rapid response requirements of its customers. Clients are drawn from a variety of industries, and the company has produced the molds and molding for parts destined for the most demanding electronic, aerospace, industrial, and display applications.

The company relies on industry-standard graphic design programs for its product development activities, and the shop floor has the latest in both CNC and EDM equipment for tooling and injection molding production. An efficient quality control system backs up the team efforts of the company’s various departments.

Although globalization and the influx of cheaper tooling from overseas have taken a toll on many of its competitors, this shop has actually benefited from the current trade scenario. More and more customers are turning to this company’s acknowledged engineering expertise for repairs and refurbishments to defective outsourced molds. Problems range from failure to match original tooling design specifications, to poorer quality molds that have an active production life of a mere two months! This new source of income is developing into a steady revenue stream for the company.

Currently running at 70% capacity, this company is well positioned to increase sales across all of its service areas with the addition of a more focused sales and marketing approach. The facility is top notch and there is ample room for future expansion at the current site.

FINANCIAL HIGHLIGHTS
Fiscal Year Ending December 31

2007 2006 2005 2004 2003

SALES $3,227,952 $3,002,590 $2,921,451 $2,603,103 $2,092,452

EBITDAS*
(Adjusted Net) $1,200,025 $1,011,626 $   931,139 $   912,209 $   832,990

* Earnings before interest, taxes, depreciation, and owner’s and family salary.

DEAL STRUCTURE

Open to Offer

This company is being presented on an “Open to Offer” basis. All reasonable proposals will be given careful consideration. The following will be included in the sale:

Fixed Assets (Used Market Value) $1,347,675

Accounts Receivable (as of 12/31/07) $   227,113

Accounts Payable (as of 12/31/07) $     92,805

INFORMATION SUMMARY

Location: Chicago metropolitan area

Year Established: 1970’s

Ownership: C-Corporation

Facilities: 18,000 square feet

Real Estate: Approx. 61,000 sq. ft.; held personally by owner

Employees: 11 FT personnel, 5-15 temporary staff as needed

Reason for sale: Owners are retiring

MARKETING AGENT

Premier Business Group, Ltd.
1130 Lake Cook Road, Suite 210,
Buffalo Grove, IL 60089
847/465-9000

This information is provided for discussion purposes only. No representation is made by Broker as to the accuracy of the information provided or any other information supplied. Broker encourages the Prospect to thoroughly review and independently verify to his own satisfaction that the information provided is substantially representative of the business activity.