EXECUTIVE SUMMARY
PBG Reference No.: S959

MANUFACTURER OF PLASTIC INJECTION
MOLDED OFFICE PRODUCTS

We are pleased to present this business opportunity for your review. Premier Business Group, Ltd. is one of the leading business brokerage firms in the Midwest. We specialize in representing manufacturing, distribution and service companies in the divestiture process. The Seller pays our fees; there is no monetary obligation to prospective purchasers. Premiers' expertise includes assisting in structuring the transaction and financing. We encourage you to make an appointment with the broker listed on this offering to discuss your needs, to obtain further information regarding the company you are inquiring about, and to receive information on other companies that may be of interest.

This company is a profitable, high margin manufacturer of top quality plastic injection molded storage and organizational units for the office furniture market. Style and function are paramount, and the extent of its own proprietary line coupled with custom design and production capabilities, have secured this company’s place in its industry and lead to many long-term customer relationships. The company’s unique and patented components can be built into furniture during the manufacturing process, or sold as accessories.

The company sells to a broad base of national clients in both the high-end case goods and Ready to Assemble (RTA) furniture markets, as well as to hardware distributors to the woodworking industry. The company is also pursuing the office furniture dealer market with its higher end products lines, and plans to expand into the consumer/home office retail sector through its new product development program.

The U.S. office furniture market was a $13 billion industry in 2006. Consumption is up significantly thanks both to an expanded economy driven by the furniture needs of traditional office/service workers, as well as increases in the home office sector. Future sales projections for domestic manufacturers remain strong, and foreign imports have not had a significant impact on the higher end OEM’s who use this company’s products.

Currently operating as a division of a larger firm, this company would make an excellent acquisition for a strategic buyer in the office furniture or office supplies industry. The transaction will include the sale of the company name, all patents, and all tooling. Manufacturing can be taken elsewhere or remain with the parent company under the terms of a non-compete production agreement.

FINANCIAL HIGHLIGHTS
(FY ending Dec. 31)

(Data in 000’s)

	2007	2006	2005	2004	2003
SALES	$3,743	$3,884	$3,533	$3,942	$3,052
EBITDAS* (Adjusted Net)	$1,133	$1,155	$   822	$   836	$1,039

* Earnings, before interest, taxes, depreciation, amortization and owners salary.

DEAL STRUCTURE

This company is being presented on an “Open to Offer” basis. All reasonable proposals will be given consideration. In addition to the company’s well-known and respected trade name, the following assets are included in the sale:

	Estimated Value
Fixed Assets (dies, molding tools)	$1.9M to $3.3M

INFORMATION SUMMARY

• Location: Chicago metropolitan area
• Year established: 1994
• Ownership: Division of a Sub-S Corporation
• Hours of operation: 8:00 AM to 4:30 PM
• Staffing: Full-time Sales Manager
• Reason for sale: Parent company wishes to focus on its core business

MARKETING AGENT

Premier Business Group, Ltd.
1130 Lake Cook Road, Suite 210,
Buffalo Grove, IL 60089
847/465-9000

This information is provided for discussion purposes only. No representation is made by Broker as to the accuracy of the information provided or any other information supplied. Broker encourages the Prospect to thoroughly review and independently verify to his own satisfaction that the information provided is substantially representative of the business activity.

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