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Asking Price:	$ USD USA Dollars
Business for Sale Industry:	Manufacturing: Chemicals
Reason for Selling:	Personal Reasons.
Year Established:	1953
# of Employees:	27
Yearly Revenues:	$3,900,000
Yearly Cash Flow:	$706,000
Yearly EBITDA:	$556,000

Business for Sale Overview:

The 50+ year old Company in the eastern United States provides coating application services to companies in the eastern U.S. Since 2004 sales and margins have improved as industry consolidated and pricing pressures eased. The Company provides services to the power generation, flow process, mass and bulk transportation markets. The Company serves a substantial repeat customer base from a diverse group of recognized corporate customers. Value is derived from the company’s multiple capabilities, long-term customer relationships, skilled employees, proprietary technique,capabilities and practical application knowledge.

Property Features and Assets:

The business operates from a leased shop and office facility.

Market Competition and Expansion:

The Company is recognized as a leading provider of application services in its geographic area. The Company has developed proprietary techniques and capabilities in core applications, accentuating the Company’s market position. The market for coating services is growing as infrastructure growth remains strong. Management’s focus on organic and diverse growth provides a foundation for continuing growth.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.