The Firm Business Brokerage

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.. 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.. A mold maker could also expand their business by purchasing this company, which would complement their services and products.. Personnel : 8: 1 Owner (President/Treasurer), 1 Design Engineer/Project Manager, 3 Machine Operators , 1 in Assembly, 1 Office Manager, 1 Financial Officer/HR. 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

design engineering

$1.5M in Assets at Design, Engineering, and Manufacturing Company  Based 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
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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.

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