Profitable Thermoforming Fabricator with Strong Cash Flow!

This well-established and reputable Business offers custom manufacturing services to its customers from design to production of thermoformed plastic forms and vacuum forms. The Company attracts customers from many industries, including marine parts, recreational vehicles, and industrial producers. The Company has growing sales and attributes this to top-of-the-line customer service leading to referrals and expansion of current customer orders. For its customers, the Company goes above and beyond to deliver high-quality products on an impressive timetable.

With over 15 years in this business, the Company is known as a critical player in the industry. Upper management brings dozens of years of experience with a dedication to their work, seeing it as a craft and a passion. The Company’s current staff, equipment, and facilities can support significantly more production, with the utilization of additional shifts. The Company owns 7 acres of land to expand facilities if significant additional growth is pursued by new ownership.

The owners are seeking a committed and attentive buyer to grow the Company to the next level. They are looking to sell 100% of the Company.  Ownership is willing to stay around for a defined period to aid in transition, giving a new owner ample time to learn employee atmosphere, clients, and all the mechanisms that make the Company perform. The real estate is available for lease or sale.

Buyers will be required to have a minimum of $500,000, solid credit, and preferably industry experience to qualify for SBA 7a financing.

Additional Information:

Facilities and Assets: The Company owns a 44,000 sq. ft. facility and maintains fixtures and equipment valued at $1,413,800.

Support/Training: Ownership is willing to provide reasonable and customary transition assistance.

Investment Highlights

Financial Strength: The Company’s revenue has grown with a healthy average growth rate over the past four years of 8.7%. Over these years, Gross Profit Margin has averaged 18.6% with a sizable Seller’s Discretionary Earnings Margin of 13.4% over the past four years. Over the trailing twelve months, net profit is up substantially compared to last year and the Company is on track for a record year.

Integrity and Quality Culture: Customer service is the Company’s number one priority, going above and beyond for every customer. The Company utilizes multiple points of contact with its customers to ensure satisfaction and attract new customers.

Full-Service Offering: The Company offers full-service and product offerings to its many customers throughout a wide array of industries and end-markets. This Company is a one-stop turnkey operation that offers design, engineering, manufacturing, project management and attentive customer service. Customers enjoy their experience because they do not need to look elsewhere for additional services. This has resulted in customer retention and an excellent reputation within the plastics industry.

Experienced and Loyal Personnel: The Company’s employees have a long-term mindset and always complete their work with care and intention. There is an atmosphere of family, dedication to high-quality, and settling for only the best. These employees, combined with the best quality suppliers, contributes to the Company’s strong reputation.

Growth Opportunities

Expand into New Markets: A new owner with a focused sales effort could enter a substantial amount of new markets that utilize thermoformed plastic products. Some, but not all, examples of these markets are commercial delivery trucks, aerodynamic paneling, industrial tractors and farm equipment, lawn and personal equipment, and automobiles.

Bolstering Marketing and Sales Efforts: The Company currently operates with no full-time salesperson. Hiring an additional salesperson and/or sales representation firm with established contacts would increase sales revenues. Another avenue would be to grow the Company’s online presence through the implementation of a website and customer relationship system.

Add Additional Personnel to Take Advantage of Turned Down Business: The Company has sometimes been required to decline larger new contracts due to the limit of one shift during the workday. Additional staff could allow for significant growth to revenue because of the increased labor capacity.

Utilize Additional Shifts and Expand Capacity: Currently, the Company utilizes only the 1st shift for manufacturing. The 1st shift has enough machine capacity to hire more machinist and employees in the job shop, and more shifts could be employed to help manage the backlog of orders the Company is currently experiencing. The Company is also seated on 7 acres of commercially zoned land where they can physically expand upon the facility, in addition to the two previous additions.

The BEST way to receive confidential information about this opportunity is to fill out the form below.

Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact info@caldergr.com with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this profitable manufacturing business for sale in Indiana!

Financial Performance

  • TTM Sep 2019 Revenue

    $5,383,179

  • TTM Sep 2019 SDE

    $1,018,861

  • Equipment Value

    $1,413,800





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