Highlights:
- All equipment, inventory, and processes, included and in place
- Knowledgeable, long-term staff in place
- Multiple revenue streams comprised of coating systems, custom aerosols, supplies, and more
- Superior customer service paired with quality products have earned this Company an excellent
reputation in the industry
- Minimal involvement from current Owner
- Facility under third-party lease, includes warehouse, showroom, and office space
Summary:
Company is a distributor of high-quality protective coatings and coating systems. They offer industrial coatings, architectural coatings, and commercial paints as well as tank linings, lacquer & varnish finishes, and steel coatings. They serve architectural & commercial painting contractors, engineers, and consumers in all markets.
Being successful in business for over 30 years, their experience ranges from high performance industrial coatings for maintenance, military, and marine applications, to steel fabrication and manufacturing, plus architectural coatings for homes, apartments, and commercial construction.
This would be a great fit for an existing operator to expand geographically or as a platform acquisition in the industry. Seller seeks a buyer with financial resources to complete a transaction and is willing to negotiate a reasonable non-compete agreement and transition period.
Upon completing an NDA, you will receive a Company overview. Only qualified Buyers will be given access to view financial documents.
Financial Information
$550,000
Asking Price
$194,312
Cash Flow
$1,512,948
Gross Revenue
On request
Down Payment
Business Location
City:
Confidential
State:Wisconsin
Reason for Sale
Retirement
Detailed information
Year Established:1984
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:40
Adjusted EBITDA:
On request
Inventory Included: Yes
Inventory Value:
On request
Monthly Rent:
On request
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: Yes
FF&E Value: On request
Training/Support
Seller seeks a buyer with financial resources to complete a transaction and is willing to negotiate a reasonable non-compete agreement and transition period.
Market Outlook/Competition
• There is a high demand for industrial coatings because of their longevity, corrosive resistance, and underwater applications.
• Powder coatings are now very much in demand. They are 0% VOC’s and dry much faster.
Real State Description
Facility under third-party lease, includes warehouse, showroom, and office space
Business Highlights: - Superior industry reputation - Excellent supplier relationships - Historically, profitable business - Loyal and diversified customer base...