Highly Profitable Construction - Coating Company

Not Disclosed, CA

Central Valley

Asking Price: Annual Revenue:
$1,299,000 $3,093,923

Services: Construction, Contractors

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RE: Highly Profitable Construction - Coating Company Broker: Matt Coletta
License #: 01417096/01009458
Owner Financing is Available!
Seller will consider seller finance for a qualified buyer with good credit and a significant down payment.

Quick Facts

Asking Price: $1,299,000
Annual Revenue: $3,093,923
Net Profit: Not Disclosed
Cash Flow: $488,339
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 23
BBN Listing #: 71135994
Broker Reference #: LA0367

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Business Overview:

Highly profitable, longstanding, protective coating company specializing in industrial floor coating services for manufacturing facilities. In business for nearly 20 years and located in the Central Valley, servicing customers throughout California. This niche business specializes in coating services for commercial and industrial buildings such as food manufacturing, wineries, etc. primarily to meet food safety and compliance requirements. Growth opportunities exist in other industries including the pharmaceutical industry, clean rooms, hospitals plus other including the fast-growing Cannabis industry which will most likely be regulated similar to food production facilities. As per a report by Global Market Insights, Inc., industrial floor coatings market was pegged at $3.5 billion in 2016 and is anticipated to generate revenue over $6 billion by 2024. This is driven by many reasons that the seller will discuss.

Company has an excellent reputation, with many repeat customers. This niche market contractor provides quality installations utilizing the best quality materials. Services include shot blasting, floor coatings, seamless wall systems, expansion control joints, drain installations, cove base installation and slope to drain floors. Specialization primarily in food and beverage processing facilities but could easily expand into other industries. All work is done with an exceptional commitment to excellence and customer satisfaction. Long -term, loyal and highly trained employees in place and organized into three crews with foreman who have vast industry knowledge and experience. Long-term Management in place. An impressive list of customers throughout California. Repeat business is virtually guaranteed as customers typically resurface their facilities every five years and the company’s reputation drives repeat contracts. 2019 year to date revenue is trending up and the company already has several large projects on the books. As per the seller, 2019 is looking to be a strong year.

Excellent books and records and tax returns with minimum “add-backs”. Highly improved facility in prime location with a large office area and yard. Seller may consider selling the real estate or provide a long-term lease. The purchase price includes a long list of assets and equipment including several commercial trucks. The sellers who are looking to retire will provide ample training at no additional cost and may consider staying on for up to one year as an employee or consultant at a rate to be negotiated. This business has been qualified for SBA finance for a licensed, qualified buyer or seller may consider seller finance for a qualified buyer with a significant down payment. Please note that this business requires a C-33 and a D6 Contractors license. The buyer should have these licenses or be able to discuss how they will obtain them. This is a unique opportunity to purchase a well-respected company with an excellent reputation in the industry with long term management and employees in place with room to grow.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply or contact seller button on this website or contact Matt Coletta to receive a confidentiality agreement and learn more about this opportunity.

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Property Features and Assets:

Prime industrial location Industrial space. Seller owns the facility and will lease space for $6,000/month.

Market Competition and Expansion:

Seller to discuss. Opportunity to expand into new markets and industries.

Reason for Selling:


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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