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For Sale: Specialty Foam Manufacturing - 1MM FFE Included - Visalia, California

$1,500,000.00

Asking Price

  • Address: Visalia, 93291.

Description

This family-run legacy manufacturing Company began by developing a proprietary thin wall molding technique known as “DRY molding.” Since its first “smooth-surface” product, operations have used the technique for numerous other storage, protection, and shipping products. Today, the Company is known and respected for its production of precision-molded foam products and custom-designed molds.

Customer applications include precision floats, insulators, structural parts, wafers, fiber coil management, and more. Sixty years of servicing this macro environment and providing these specialty items have created a reputation in the industry for innovation and quality.

The many molds are included with the sale. Some are for exterior boxes which will enable ongoing opportunities for a Buyer thanks to the ability to make thousands more custom projects for minimal cost.

While others in the industry (more commodity-oriented products) sell for 2-3 material costs, this operation easily sells at 10 x material costs.

Its efficient, compliant facility and group of dedicated employees make this a turn-key opportunity to keep a legacy operation going.

The Seller has a 15-point transition plan to ensure the success of a transaction.

NDA is required to receive a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities: The custom-fitted space, that meets all air quality standards, is 27,000 square feet of manufacturing and office space. The current lease extends through 2026. Rent is $9,400 per month.

Competition: The molded foam industry has three distinct segments. This operation falls under shape molding which produces custom packaging and components.

Most direct competitors use large steam chests, resulting in products with vent marks across the surface.

The difference in cleanroom manufacturing is the quality and the production of a truly smooth surface finish. This company’s reputation is built on its premier ability to mold small, thin parts, and caters to those who demand such quality, like medical applications.

Those that produce rough surfaced parts are not competitors.

Growth & Expansion: The Seller has a detailed outline of steps to increase sales and expand the previously dormant marketing plan by seeking new medical and component applications.

He also foresees opportunities for high-density foams as replacements for thermoforms, fabricated urethane, and injection molded parts.

An aggressive marketing plan would include reinstating trade show participation. Initiating SEO would also bring in additional prospects when orders increase, adding a third production shift would increase capacity.

Financing: TBD if the deal structure and terms are acceptable.

Support & Training: The Seller wishes to facilitate a successful and smooth transfer of the Business and will offer assistance and support as needed.

Reason for Selling: It is time to retire.

To get more information about this Specialty Foam Manufacturing - 1MM FFE Included business for sale in Visalia please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #287837 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Specialty Foam Manufacturing - 1MM FFE Included, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.

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Contact

  1. Name: Rick Carlson
  2. phone iconPhone: 833-776-6682

Details

  1. Asking Price: $1,500,000.00

  2. Down: Call/Email

  3. Cash Flow: $233,450.00

  4. Revenue:    $1,292,900.00

  1. Area: Visalia

  2. City: Visalia

  1. Attributes:

    Broker CooperationFinancial AssistanceTraining & SupportOwner/Seller Financing

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