Industrial Bridge Painting Company

Not Disclosed, OH
Cuyahoga County

Northeast Ohio

Asking Price: Annual Revenue:
Not Disclosed $13,305,391

Services: Construction, Contractors

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RE: Industrial Bridge Painting Company Broker: Seller of Business

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $13,305,391
Net Profit: Not Disclosed
Cash Flow: $4,239,046
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 60
BBN Listing #: 962944443
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Empire Business Associates, a Northeast Ohio merger and acquisition firm, represents a company that specializes in painting bridges that have varied from Arch to Truss to Beam to Suspension Bridges that is available for acquisition.

With over sixteen plus years as an industrial painting company, their customers have come to trust them for their consistent quality and fair pricing. They have experienced professionals using the latest equipment and technology.

The philosophy of the company has always been not to be a revenue driven company, but rather a gross profit driven company. Even though it has enough equipment in their fleet to perform up to 40 million of work a year. They choose to follow their model which is to bid work with high gross profits.

The company has purchased specialized abrasive blasting equipment and the highest quality dust collecting systems that they use for their operations Surface Preparation for painting requires the removal of old paint and rust. Since old paint could contain lead, this pollution control equipment is a great asset.

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Property Features and Assets:

Office Space: Approximately 3,100 square feet. Front Warehouse/Mechanics repair area: Approximately 15,000 square feet. Rear Warehouse: Approximately 17,600 square feet. Land/Parking Approximately 5 acres.

Market Competition and Expansion:

Focusing their efforts on painting bridges reduces the competition to only a few bidders, due to the certifications, bonding, and licensing requirements. They can easily expand to other painting industries for instance Commercial, Concrete Flooring Coatings, Water Tanks, Waste Water Treatment Plants, Ship Yards, Steel plants, Electrical Plants etc.

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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