Powder Coating and Paint Removal Facility

Mid West

Powder Coating and Paint Removal Facility
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,100,000

EBITDA: $166,000

FF&E: N/A

Inventory: N/A

Established: N/A

Powder Coating and Paint Removal Facility

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Business Description

The Company is a powder coating and paint stripping/media blasting provider targeting commercial, industrial, motorsports, and residential clients. Powder coating provides a nice clean and eco-friendly way to paint parts that tends to hold up longer than any other coatings. In addition to paint removal and powder coating, the Company provides custom color matching, custom masking, and can run several different sizes/quantities of parts. It serves a variety of industries, with over 60 different clients ranging from low- to high-volume customers.

The Company operates from a 24,000-square foot office and warehouse, and is currently staffed by 13 full-time and 2 part-time, non-union employees. The fixed asset base includes a variety of vehicles, office equipment, machinery, and computers.

Detailed Information

Competition:
* Strong Client Relationships: The Company is proud of its strong ties to clients developed over its 11 years of existence. This commitment is represented in its 90% rate of repeat business. * Modest Ongoing Capital Investment Requirements: Management does not expect a significant investment in capital assets to be required over the pro forma period. Going forward, management anticipates capital expenditures to average $25,000, indexed for inflation, per year for various equipment and leasehold improvements.
Growth & Expansion:
There exist several opportunities for the Company to significantly increase revenue and profit, including leveraging its proven reputation to pursue and penetrate new and existing markets. These opportunities are easily attainable given appropriate investments in capital and human resources.
Financing:
Negotiable
Support & Training:
The active owner is willing to remain with the Company at least during a transition period in order to ensure a seamless transfer of ownership. Should the prospective purchaser desire ownership to continue with the Company, ownership would be interested in considering a consulting arrangement.
Reason for Selling:
Additional capital required to reach the next level
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Jerry Yocum

Business Listed By:
Jerry Yocum

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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