Business Overview:
Profitable and well-established local metal finishing business serving individuals, welders/fabricators, and industrial clients. Company has experienced consistent revenue growth for 7 years (10% on average). This company represents an excellent opportunity for either a (1) hands-on entrepreneur; (2) a manager/owner (operations crew in place); or (3) an immediate, exponential, and profitable expansion of an existing industrial business or current welding or fabrication business. Present owner will stay on for transition and limited owner financing available.
Potential growth w/8' Plasma table in-place (not currently utilized) and sufficient room of small welding shop.
Third party EBITDA Calculations:
2016 @ $46,300
2017 @ $42,700
2018 @ $69,700
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Property Features and Assets:
Good central location 7000' sq foot building with easy access for both private individuals and commercial industrial clients. Current lease good until 31 Mar 2021.
Market Competition and Expansion:
Only custom powder coater in Greensboro. Closest competitors (other) coaters are Kernersville, Burlington, High Point and Asheboro. State and Federally registered company name. Well-established web presence with 80% organic traffic.
Reason for Selling:
Changing careers
Additional Details:
- The property is leased.
- 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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