Manufacturing And Industrial Business For Sale in 0 Iowa

Rubber Manufacturing

Advert Id: 47334, Sellers Ref: (LG-12513)
  • Location:Iowa
  • Category:Manufacturing and Industrial
  • Asking Price:$1,000,000 USD
  • 1000000
  • Sales revenue :Undisclosed
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

U.S. rubber manufacturing firm with a fully operational plant in Suzhou, China. The company has been making consumer and industrial products for OEM’s and first/second tier suppliers since 1977. The company has a 30,000 sf plant in eastern Iowa, a small R&D facility in southern California, and a 17,000 sf manufacturing plant in eastern China. The company employees 14 people in their Iowa plant and 13 people in their plant in China. The company is working toward ISO certification at the present time.

  • Selling Assets: Buyer can purchase existing equipment or owner will remove the equipment if buyer wants to place his own equipment in the building. There are six new shuttle inject vertical presses and one high speed transfer press for making small rubber parts.
  • Is Business Relocatable?: Not until the lease obligation is over.
  • Is Business Home Based?: No.
  • Franchise: NA
  • Real Estate: Located in the beautiful and modern Suzhou Industrial Park. 17,000 square feet on ground floor. Three-story industrial building. Offices on 2nd and third floors.
  • Competition: Perfect opportunity for a U.S. company that wants to control quality and delivery of product to their U.S. customers while offering competitive pricing.
  • Expansion: Plant has all Chinese business permissions to export rubber, plastic and metal components.
  • Years Established: 2012
  • Employees: 13
  • Trading Hours: Iowa Corp Office: 8 am - 5 pm Central Time Suzhou China Plant: 7:30 am - 4:30 pm GMT+8
  • Support Training: Corporate parent in Iowa, USA will provide necessary assistance for a successful transfer and continued future success.
  • Reason For Selling: Corporate factory in Midwest lost a major customer and needs to reduce debt. They must sell their Chinese plant to re-capitalize the U.S. plant.
  • Lease Terms: Five-year lease beginning 10-01-2010. $5,400 USD per month or approximately $65,000 USD per year.
The Lincoln Group, Inc.

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