| Asking Price |
$110,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$333,000 | Real Estate |
|
| Cash Flow |
$93,500 | Year Established | 2000 |
| FF&E |
$43,000* | Employees | 2 ft 1-2pt |
* included in the asking price
** not included in the asking price
If you have relative knowledge of the paint or coatings industry, then you will already know what the requirements are for preparing surfaces for coatings or removal of coatings. A surface is prepared with media blasting of various composition to a desired finish. And you also know that the size of this market is endless. The Seller has made steady progress in growing his business through nurtured relationships with Insurance Companies and other contractors to secure a steady income. Through word of mouth he has also expanded his services into the home/private market. New media technology has been added as the job requirements change for different surfaces. The "green" influence has created new requirements for preparing surface applications using Dry Ice, Corn Cob, Walnut Shells, Soda, and of course sand particles of various types. All equipment is relatively new and with an experenced crew allows for multipule jobs at the same time. If you have some experience and are ready to "do your own thing", this is a great business for the new entrepreneur. Or if you own a similar business (painting/coating, sand blasting) and would like to expand, this would be a perfect acquisition to roll into your existing infrastructure.
Facilities: The Seller works out of his home, however, at the present rate of growth he would probably look to buying a larger lot to accomodate added equipment.
Competition: The business enjoys a good reputation for quality work and on time completions and is at the right size to be more flexible than most of the competition. The Seller has built his business on Insurance work with several insurance agents in the area and is a bit of a niche market. The recent growth is a result of building relationships with other contractors for surface preparation prior to painting, removal of fire damage, removal of existing surface coating, etc.
Growth/Expansion: This Seller has maintained steady growth over the 7 years in business without burdening the business with heavy debt. The hard work is over and a new owner can make a comfortable income and grow the business at one's own speed. There is no end to the amount of surface preparation available for a continuing growth path.
Financing: Negotiable
Support/Training: Seller will stay with the buyer for a smooth transition.
Reason Selling: Moving to Utah with family.

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