Custom Powder Coating Business

Greensboro, NC
Guilford County

Asking Price: Annual Revenue:
$150,000 $300,000

Manufacturing: Metal Products

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RE: Custom Powder Coating Business Broker: Joe Harris
Owner Financing is Available!
$100K down and $60K on first anniversary or full payment ($150K).

Quick Facts

Asking Price: $150,000
Annual Revenue: $300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 3
BBN Listing #: 558757926
Broker Reference #: Not Disclosed

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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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