Full-Service Metal Anodizing and Finishing Company
Financial Information
- Asking Price: $1,799,000
- Gross Revenue: $2,100,000
- Cash Flow: $578,000
- Down Payment: 0
- FF&E (Included): $300,000
- Inventory: $30,000
- Financing: No
Business Location
- Knox
- Knoxville
- Tennessee
Since opening its doors almost 40 yrs ago, this company has been committed to providing their customers all around the country with total satisfaction. They specialize in full service metal finishing to include anodizing, plating and other finishes. Their finishes meet military and industrial specifications. The team offers personalized service and the capabilities to handle all your company's anodizing and finishing needs. This company averaged $2.2M in revenue over the last 3 years and is projected to outpace that in 2020. Seller discretionary earnings in the last 12 months is $578,000. This company has operated based on word of mouth referrals and its longevity in the marketplace. Seller has made substantial investments into equipment over the last few years. It's current structure is with an owner operator. This structure could continue, or there is an opportunity to run this company with a General Manager via Part Time Manager Owner or Investment Owner.
Support / Training Comments
The seller is willing to train and transition the purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition.
Reason For Sale
Retirement- Home Based: No
- Year Established: 1982
- Franchise: No
- Year Acquired: 1982
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: No
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: N/A
- Fulltime Employees: 17
- Part time Employees: 4
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Building Size: 25000 sq ft
- Monthly Rent: N/A