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- RE: Concrete Coating Business
- Contact: Marvin Slovacek
Quick Facts
Asking Price: | $1,695,000 | |
Annual Revenue: | $3,050,582 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $413,216 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,101,272 | |
Real Estate: | Not Disclosed | |
Year Established: | 1954 | |
Employees: | 24 | |
BBN Listing #: | 939212 | |
Broker Reference #: | 7401-18226 |
Business Overview:
This 70 year old company has been a leader in the concrete coatings market for many years. They have a very impressive list of large and well respected clients and pursue work across the United States; although the majority of their work is in the western part of the United States. They have developed a variety of coatings and application techniques to fit almost any client need.
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Property Features and Assets:
The company operates out of 4 primary hubs located in the western states. Each location provides office space as well as warehouse storage space for materials and equipment.
Assets = $1,161,272
Market Competition and Expansion:
While there are a variety of concrete coating companies in the markets being served, few if any bring the same level of established history of superior performance and the variety of finishes and treatments to fit the needs and desires of the customers.
Clearly additional sales people in key areas would immediately provide additional bidding opportunities and new clients. Most business is handled with large commercial clients. The residential market is largely untapped. And the sale of products into the consumer DIY market is a clear opportunity; given the growth of that DIY market.
Reason for Selling:
The owners are looking to pursue other interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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