Powder Coating Business

Deatsville, AL (Elmore County)

Seller Financing Available
Coated rails in the oven
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,050 /Month

Established: 2010

Powder Coating Business

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Business Description

We are the largest commercial/industrial powder coater in central Alabama. Our customer base extends back twenty years to the previous business, Fitness Equipment by Larry. We were building and powder coating weight equipment for high schools and colleges as far out as Colorado. We no longer build equipment, but the schools still come to us to recoat it. We do a lot of work for local manufacturers and machine shops who do work for the housing and urban development projects around the state. Some of those projects have included all the balcony railings and pool safety rails for new apartments and hotels. Having the largest oven in central Alabama has given us the opportunity to help in the restoration of some amazing historical sites. Included in that is the Cupola on the top of the Tennessee state capitol and the original fence around the US Customs building in Charleston SC. The private sector work includes hundreds of local businesses and citizens. Many of whom are repeat customers several times a year. This is a fast paced business with the opportunity to increase the workload. I have never advertised other than the website. We come up first page on Google search for Powder Coating in Alabama. This is a fantastic opportunity for someone with powder coating experience. Our largest rack is 20 ft x 9 ft high and 5 ft wide. One 10 long ft rack is adjustable from 7 to 9'6 high. 7 racks total. Some capable of holding over 1000#. Thousands of spring steel hooks, with hundreds having a capacity of over 100#. All racks are on heavy duty steel wheels and the 30 ft oven has a 3/8 steel plate floor. The current workload is large and requires an experienced professional to maintain the quality of the product we produce. Property is leased until September of 2020. Owner of the real estate lives nearby and wants it to stay there. So do all my customers. Large outside area east of the shop is perfect for setting up your own sandblasting unit. Also included is the phone number and website. Contact list and all of the old invoices from the beginning. In just over 8 years since we started Prattville Powder Coating we have invoiced over $1,300,000. All financial records are available for inspection at our location.

Detailed Information

Location:
Deatsville, AL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,200
Lease Expiration:
8/31/2020
Employees:
3
Facilities:
3 Ovens-10x10x30 NG 8x8x18 NG 4x4x6 double element 240V. 10x12x30 HEPA filter powder application booth. 2 GEMA powder guns, Optiflex and Optiflex 2B. Belaire 7.5 HP 60 gal air compressor. Kaeser refrigerated air dryer. Hotsy 2750 PSI NG hot water pressure washer. Mitsubishi 6000# triple mast forklift. Miller 350Pulse welder. Acetylene and oxygen torch. Double window 5' bead blasting cabinet. Grizzly bandsaw. Grinders, Sanders drills. Thousands of hooks. Thousands of silicone plugs and caps organized in bins. 1000 + lbs of powder inventory stored at 68°. (Home Based)
Competition:
A few coaters in Birmingham and a few in Montgomery. No one with our size capacity as far as length and weight as far as I know. They stay busy and so do we. Plenty of work in Alabama and with 2 new car plants coming this year the workload will increase. There is a large order coming this summer from one of our long time customers that is for one of the car plants. I have never done any major marketing or advertising of our capabilities so that leaves lots of room for new customers and big jobs.
Growth & Expansion:
The majority of our work comes from long standing local businesses we have been coating for since early 2000. Addition of sandblasting outfit would be extremely beneficial to profit and even more powder coating work.
Financing:
I will finance with 70% down. Rate negotiable
Support & Training:
Negotiable at a later stage.
Reason for Selling:
My wife and I are ready to slow down and enjoy life.
Home-Based:
This business is Home-Based
Business Website:
http://prattvillepowdercoating.com
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Business Listed By:
JD Nettles

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