Floor Coating Company- Commercial/Residential

Olathe, KS (Johnson County)

Seller Financing Available
Floor Coating Company- Commercial/Residential

Asking Price:$450,000

Cash Flow:$195,289

Gross Revenue:$470,000

EBITDA:N/A

FF&E:$78,000

Inventory:$14,000

Rate/Sq. Ft.:$1.57

Established:2006

Floor Coating Company- Commercial/Residential

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Business Description

Profitable Floor Coating Company

Epoxy, Sealants, Coatings are what this business specializes in. Garage floors, commercial floors, sealing concrete, beautifying, repairing, staining etc is their expertise. They have created a 1 day application system with the floor being fully usable in 24 hours. Simple business ran from a small office with high margins is what makes this attractive. Its ready to be taken to the next level with more marketing and bigger vision.

Architects and the end users love floor coating systems for the durability and look. Its becoming more in demand than ever.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,100
Lease Expiration:
9/29/2016
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facilities are basic, they operate out of a class C office space in Olathe. The facility is a small office where things are ran out of and the vehicles and trailers have plenty of space to park in the over sized parking lot.
Competition:
Virtually zero competition exists. They are the only company that can install their coatings and have it be fully usable within 24 hours. They have cornered the market. Other companies don't have that capability. It takes 3 days for the closest competitor to do what they do, and less quality results as well.
Growth & Expansion:
In 3 years sales could exceed over 1MM a year, and immediately could increase to 650K by implementing other marketing strategies with a larger budget.
Financing:
10% of the purchase price for 6%APR for 36 months
Support & Training:
The owners are willing to transition as long as the buyers need. They are in the space of manufacturing the product lines and distributing as well. They wish to transition fully into that model and sell the business side to someone who wants to take it to the next level. The business outlook is great but it's time for a new owner to do so.
Reason for Selling:
Service Company Grew Into Manufacturing National Product Lines

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Chad Peterson

Business Listed By:
Chad Peterson

Peterson Acquisition

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