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Asking Price:	$419,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Metal Products
Reason for Selling:	Other business venture.
Year Established:	2003
# of Employees:	8
Yearly Revenues:	$540,000
Yearly EBITDA:	$80,000

Business for Sale Overview:

Powder Coating & Assembly Services Company For Sale For $419,000.00! This is the only company in the Carolinas certified to powder coat with Tiger Drylac Series 28 Architecture Powder. This certification was achieved by passing a 3000 hour salt spray test. This is also the only conveyor line powder coating company in the region & here large quantities of small products can be powder coated a lot faster. With a conveyor system, parts are constantly being put on the line & run at various speeds. Color change is quick also, which allows a switch to a new color for different parts every couple of hours, if needed. Plant capabilities: Five stage wash system; Infrared curing ovens; Over two hundred feet of overhead conveyor, capable of holding parts up to five hundred pounds; Powder coating parts up to 34” wide x 52” deep up to 20’ length; (2) GEMA powder coating guns designed for fast color changes utilizing a spray to waste system; Quality Assurance system utilizing thickness & gloss level gauges along with certifiable salt-fog testing if needed; Small Box truck for convenient pick-up & delivery; Complete assembly shop with all tools needed for small to large scale assembly projects. Call now for more information.

Property Features and Assets:

Located in a 18,000sq.ft building in a beautiful area of North Carolina. The value of the real estate is $725,000 & there is an option to purchase this property, if desired. This region of the Carolinas offers a superb community with quaint downtown shops, restaurants & businesses, small park areas, tree-lined streets & historic homes. $4,600.00 per month until 11/01/08, lease option or option to purchase building.Call for more details on this business & its location.

Market Competition and Expansion:

Good potential for expansion. There is approximately ½ acre at the end of the building that a buyer could add on. There is room to add a batch oven & make this powder coating company a “one-stop shop”. Currently large products are sent to competitors for powder coating, as they do not fit in the ovens. Owner willing to provide any support/training needed at a rate of $60.00 per hour. Trading hours:Monday through Thursday from 7:00am to 4:30pm, Friday from 7:00am to 1:00pm.Financing available:50% down, remainder over an agreed upon period of time. Owner will place a lien on all company assets until remainder of amount owed is paid in full. Furniture / Fixtures value:$300,000Inventory / Stock value:$80,000

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not 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.