Auto, Boat & Aircraft, Rubber & Plastic Products
Active
$2.5M Rev – Sole-Source Aerospace & Defense Injection Molder
Capitol County, Connecticut, United States
Asking Price-
Revenue$2,400,000
EBITDA$424,000
Cash Flow-
Description
The Company is a qualified, sole-source manufacturer of build-to-print thermoplastic components for aerospace and defense primes, founder-built and established in 2000. It holds four prime vendor codes across three of the largest U.S. primes and is the only approved manufacturer for the majority of its part numbers, producing to customer drawings on customer-owned tooling held on site. Its content sits on roughly 20 engine, airframe, defense, and propeller programs with production lives of 5 to 50 years; certain defense part numbers have run for more than 20. Revenue recurs across a stable base: the majority of part numbers ship year after year on programs with production lives measured in decades, and most of the Company's largest customer relationships have run ten years or longer. The business is run by an established operating and management team, with ten employees averaging roughly 14 years of tenure and five at 20 or more.
Real Estate
Owned
Number of EmployeesFull-Time: 9Part-Time: 1
Year Established
2020
Facilities & Assets
The Company operates from a 21,200 sq ft facility on 5.47 acres in Connecticut, arranged as two roughly 10,000 sq ft halves. One holds molding, raw material, work in process, inspection, tool storage, and post-production; the other holds the machine shop, shipping, and finished goods, with roughly 40 percent of the space open.
The building is owned by the principal, held outside the Company at a market value of $900K to $1.5M per management against a $300K mortgage, and its inclusion in the sale or a lease-back is under review. Included assets are four injection molding presses, an in-house tooling and machine shop with EDM, CNC turning and milling, and an on-site polymer laboratory for thermal analysis and failure-mode testing. Gross fixed assets of $1.81M are carried at $33K net and are 98 percent depreciated, yet remain fully productive under scheduled maintenance. Program tooling is customer-owned and customer-funded, so the business requires little capital to grow.
Support & Training
Founder dependence is limited and clearly scoped. The founder's remaining role is confined to new program quoting and design collaboration with customer engineering and mold makers, a defined function management has identified as the first post-close hire rather than an operating gap. Day to-day operations, including order management, scheduling, production, inspection, inventory, and shipping, are already run by a long-tenured Vice President who is not the seller. Process knowledge is resident across a cross-trained workforce averaging roughly 14 years of service, several past 20 years, so continuity does not depend on the founder's retention. The seller will support an orderly transition and train the incoming owner and any new engineering hire in quoting, design collaboration, and customer relationships. Transition risk therefore reduces to a single, well- defined engineering hire the buyer controls, supported by an experienced team that stays in place.
Market & Competition
The Company competes on qualification and quality, not price. U.S. contract injection molding is a $19.4B market across about 369 businesses, declining roughly 2 percent a year as smaller operators exit on labor and capital constraints, per IBISWorld. That consolidation favors qualified, domestic suppliers holding vendor codes most competitors never earn. Prime demand is expanding: one committed $51B across 12,825 suppliers in 2025, and another closed the year with a $268B backlog, up 23 percent. Tailwinds reinforce the setting, with 90 percent of aerospace and defense leaders citing reshoring as essential after a year in which 60 percent reported significant supplier delays, and the FY2026 U.S. defense budget placing procurement and RDT&E at $384.3B, with spending shifting toward munitions, drones, and missile defense. The Company's revenue at its largest customer is about 12 percent of that account's average supplier, leaving room to grow within accounts already won.
Growth Opportunities
Growth rests on commercial under-penetration, not operational change. The Company reached current scale with no dedicated sales function, on inbound demand alone, so the upside is accessible through existing qualifications, relationships, tooling, and capacity. No lever needs a new vendor code, added certification, or more facility, and customers fund tooling, keeping capital intensity low and requalification risk nil. It is recorded in prime systems against a narrower set of geometries and materials than it can produce, so listing its full capability expands quote flow at once. Management also cites division-level white space within primes where it is qualified but under-covered, plus target accounts where it holds no position. The same capabilities transfer to growing defense demand such as drones and missile defense. With about 40 percent of the plant unused and one to two presses addable on the current line, a modest sales function converts qualified capacity into revenue.
Business listed by
Holly Bertillo
Meridian