OR (Relocatable)

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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $6,712,561

EBITDA: $604,338

FF&E: $357,102

Inventory: N/A

Rent: $0.00

Established: 1935


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Business Description

Except for the consumables and the repair and service department, a better way to describe this Company instead of a wholesale distributor is a “wholesale integrator” where the majority of their business is to combine (one thing) with others so that they become a whole and with many orders where assembly and installation completes the order, “source manufacturer.”
Business Hi-Lights:
• Well established business with over 80 years of experience and operation as an “added value,” wholesale distributor.
• Average of 12 turns a year on inventory.
• Five profit centers make this a unique ONE STOP finishing Company in the market
• First, consumable products.
• Second, equipment sales with recognized expertise in design that customers rely on as to what equipment to buy and with the best brands.
• Third, source manufacturing and installation for the large painting systems
nationally, Canada, Mexico and China.
• Fourth repair and service primarily restricted to customers.
• Fifth, customer audit services for government compliance with EPA and other local air quality agencies.
• Impressive long-term customer base of aerospace and class 8 heavy duty truck manufacturing, metal fabrication, shipyard and marine, all branches of the military and trailer and transportation.
• Significant barriers to competition due to unique menu of skilled services with exclusive vendor protective territory agreements.
• Primed for immediate growth with vendors requesting the Company to expand their market into other states continuing with exclusive representation in those states.
• Due to limited competition due to their skilled multi-services and exceptional brands the Company has earned high and long-term customer loyalty.
• With no formal sales department in an estimated $50-60 million market expanding the sales effort is just waiting to happen.
• A virtual turnkey opportunity where top management desires to remain for a staged retirement.
• Facility can manage growth opportunities.
• 8 growth opportunities.
• 8 competitive advantages.
• Budgeted 2018 sales of $6.3 million with a $750,000 EBITDA. Actual will follow in January. Sales Performance Table shows a 17% EBITDA margin.
NOTE: Our specific NDA is required prior to releasing any additional information.

Detailed Information

Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Growth & Expansion:
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Support & Training:
Owner will train and is willing to stay on and help grow the business
Reason for Selling:
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(from currently available funds)
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Chuck Atkins

Business Listed By:
Chuck Atkins

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