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Manufacturer & Distributor of Specialty Plastic, Adhesive & Unique Products for sale in the Chicago Metro Area, IL

the Chicago Metro Area, Illinois (IL)

Asking Price: Gross: Cash Flow:
$ 2,000,000 $ 1,400,000 $ 512,000

Furniture and Fixtures Value:
$ 450,000 (included in the asking price)

Inventory Value:
$ 150,000 (included in the asking price)

Business Summary:
This company founded in 1967 has been producing proprietary products in plastic and specialty adhesives to targeted industry segments at incredible margins for almost forty years. Seller’s Discretionary Earnings has exceeded $450,000 annually for the past five years. In addition to long term relationships with wholesalers, distributors and retailers for their proprietary plastic and adhesive products; this company owns an internet marketing company which markets its unique, one of a kind, imported products. Modern state of the art equipment is well maintained, to provide efficient advanced plastic extrusion, adhesive blending, shaping, application and packaging. The founder of this company died approximately fifteen years ago and the company has been owned and operated by his family. The family is now located in California and the owner is ready to retire and would like to find a buyer to take control of this established business and take it to the next level. Call the listing broker, Jerry Wentzel, at 847-605-1510 x230 for more information.

 

   
Year Business was Established: 1967
   
Number of Employees: 9FT  
   
Owner willing to train: yes  
   
Reason for selling: Owner retirement  
   
Seller Reference Number: CH-N707-JW
BusinessMart.com Listing Number: 63183
 

 

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For more info contact:

Daniel Pedersen

Sunbelt Business Advisors
847-605-1510

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