Powder Coating

WA

Powder Coating
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Asking Price: $400,000

Cash Flow: $108,000

Gross Revenue: $436,000

EBITDA: N/A

FF&E: $185,000

Inventory: $40,000

Real Estate: $600,000*

Established: 2000

*not included in asking price.

Powder Coating

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Business Description

Projects as varied as antique cars to architectural features

This is an experienced and professional powder coating business, providing environmentally friendly dry painting and finishing processes. They work on projects as varied as architectural features on buildings to antique car restoration. A well-balanced customer base with the top client accounting for only 9% of the revenue makes this a very healthy, very stable operation. But it's also a niche ripe with expansion possibilities! There's floor space for growth, and new services could also be offered that would utilize existing equipment.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
7,400
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
7400 square-foot building located in an industrial park just off state highway. Easy access, plentiful parking. Building may be purchased at asking price of $600,000, or leased at $4000 per month plus NNN for five years with a five-year option. If leasing, new owner would be offered right of first refusal.
Competition:
There is limited competition in that area for this company's services and products.
Growth & Expansion:
Current ownership doesn't do much in the way of advertising and has very little outside sales presence, so a new and motivated owner could grow revenue with sales and marketing efforts via social media and other resources.
Financing:
Yes on Building
Support & Training:
Owner will stay on in an advisory capacity for an agreed-upon amount of time.
Reason for Selling:
Retirement
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Fred Canada

Business Listed By:
Fred Canada

The Quincy Group

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