Powder Coating and Manufacturer Services

Everett, WA (Snohomish County)

Seller Financing Available
Powder Coating and Manufacturer Services
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Asking Price: N/A

Cash Flow: $104,500

Gross Revenue: $2,294,000

EBITDA: N/A

FF&E: $1,000,000

Inventory: N/A

Rent: $9,700 /Month

Established: 1994

Powder Coating and Manufacturer Services

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Business Description

For over 25 years, this company has served manufacturing clients with the highest quality powder coat finishing and other coating services. Serving clients is their mission – generating the very highest level of satisfaction by delivering above customer expectations. The facility features an assembly line for efficient, high volume projects along with a batch capability for unique or larger items. Current ownership group are already retired and seek to divest to a new, energetic owner/operator who can build on the legacy of the company.

Attached Documents


Detailed Information

Location:
Everett, WA
Real Estate:
Leased
Building SF:
21,500
Lease Expiration:
3/31/2020
Employees:
26
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company is located in an industrial park within a rapidly growing area, There are two buildings under lease where products are staged and processed through an assembly line or batch process.
Competition:
Huge market for services of which the company holds a small share. Plenty of capacity to grow in current facilities.
Growth & Expansion:
Limited focus on sales and business development currently. Large market exists for strong selling organization.
Financing:
Limited Seller Financing will be considered.
Support & Training:
The managing partner is available for transition and training of a new owner and staff.
Reason for Selling:
Partnership group seeks to divest with a liquidity event.
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(from currently available funds)
 
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Terry Coe

Business Listed By:
Terry Coe

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Sponsoring Broker:
Dan Gibson

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