Specialty Protective Coating Company, with Seller Financing Available

Winston Salem, NC (Forsyth County)

Seller Financing Available
Powder Coating

Asking Price:$500,000

Cash Flow:$98,355

Gross Revenue:$622,000

EBITDA:N/A

FF&E:$225,225

Inventory:$36,000

Lease Rate/Sq. Ft.:N/A

Established:1986

Specialty Protective Coating Company, with Seller Financing Available

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Business Description

This Company is based in the greater Winston Salem Metro area. It does powder coating, wet coating, and blast cleaning of fabricated metal parts for machine shops from around the state and the country. They specialize in large parts as well as middle size to even small jobs. The Company was founded 30 years ago. The family owned business consist 4 building totaling 25,000 Sq. Ft. on several acres.

The Company can provide specialty protective coatings to any metal surface large or small. They primarily do large batch operation; each job is completed to customer specs. The firm also do high performance wet coating; such as epoxy, urethane etc. Some smaller jobs includes auto, marine, cycles, they powder coat automotive parts also.

The company needs a salesman to generate new business to start a second shift. Also you could add an automation line. There is room on the property for the automation line to be added. Please Contact Bill Steffens, (901)355-0950 for additional information.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
25,000
Lease Expiration:
N/A
Employees:
5 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
25,000 sq. ft. leased space
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement

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Bill Law

Business Listed By:
Bill Law

Sunbelt Business Brokers Charlotte

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