This company produces a line of patented and non-patented plastic injection mold parts for use in the irrigation industry. The products are engineered for industrial applications and include specialty fittings as well as standard fittings. The products are designed for contractor use but are easy enough to use by the everyday lay person.
They own the six (6) molds and tooling for production of some 100+ parts. Parts production is currently being subcontracted to several area molders and is done on a part-time basis. An additional asset is their vendor numbers with the major big box retailers. The owner estimates that by producing the parts in-house, an additional 67% of manufacturing costs could flow to the bottom line. Gross sales for the last 4 years have averaged just under $400,000 per year. Seller’s Discretionary Earnings (SDE) for 2014 was approximately $176,000 if the products were manufactured in-house. 2015 sales volume is ahead of 2014.
Seller Reference #ACj-0755
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