Industrial Coatings & Plating Co.-Real Estate INC.

Not Disclosed, VA


Asking Price: Annual Revenue:
$1,650,000 $1,402,605

Services: Non-classifiable


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RE: Industrial Coatings & Plating Co.-Real Estate INC. Broker: Michael Metzger

Quick Facts

Asking Price: $1,650,000
Annual Revenue: $1,402,605
Net Profit: Not Disclosed
Cash Flow: $420,338
Total Debt: Not Disclosed
FF&E: $180,358
Real Estate: $250,000
Year Established: 1985
Employees: 16
BBN Listing #: 60554955
Broker Reference #: 2006-15724

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Business Overview:

For over 30 years, this company has specialized in metal coating and plating for industrial uses. Services include powder coating, anodizing and electroless nickel plating - no wastewater pre-treatment required at this facility. The broad and diverse customer base is comprised of commercial and industrial users including the Department of Defense, various manufacturers and food packaging facilities. The company's vast experience, proprietary finishes and unique application methodologies allow them to provide services at the highest industry standard for a reasonable cost operating at a near 30% NET profit margin. With steady annual sales growth, this company is recession proof (customers tend to re-tool during a recession vs. purchasing new equipment). Long-tenured, experienced team of 15 full-time employees.

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Property Features and Assets:

6,000 square feet facility sits on .4 acres and is perfectly suited for the function of the company. Electrical systems have been significantly upgraded to accommodate the high power of the operating equipment. The facility is included with the sale of the business and is in full compliance with all state and local environmental regulations. Assets = $480,358

Market Competition and Expansion:

There are numerous metal coating and plating facilities across the US, located primarily in the northeast, mid west and west coast. However, few can compete with this mid-Atlantic region job shop in terms of price and quality. Significant growth can be obtained by building additional physical capacity - sale includes an un-assembled 4000 sq ft steel building. The creation of a focused marketing campaign and expansion into the retail market would greatly grow sales.

Reason for Selling:

Owner plans to retire.

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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