Industrial Painting company, $765K cash flow!

CA

Industrial Painting company, $765K cash flow!
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Asking Price: Get Financing: $2,700,000

Cash Flow: $765,300

Gross Revenue: $2,735,696

EBITDA: N/A

FF&E: N/A

Inventory: $50,000*

Lease Rate: $13,253 /Month

Established: 1987

*not included in asking price.

Industrial Painting company, $765K cash flow!

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Business Description

Established in 1987, this industrial coating company has been providing quality service to Silicon Valley manufacturers for over 25 years. The company maintains a full-time staff of 45 with multiple shifts operating in the heart of Santa Clara in an 16,700 square foot facility. Services include High Pressure Cleaning, Powder Coating, Silk Screening and Shielding. Client list includes Google, Cisco, Lockhead Martin, US Army to name a few. Many long term employees.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
16,700
Lease Expiration:
4/30/2023
Employees:
45
Support & Training:
12 weeks
Reason for Selling:
Seller wants to retire after owning since 1987
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Michael Floorman

Business Listed By:
Michael Floorman

BTI Group Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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