Mature Powder & Liquid Coating And Sandblasting

Business Overview:

Business Summary:
This successful Southern California based company has maintained consistent annual profitability serving a loyal and consistent customer base of approximately 50 customers. Those customers encompass numerous industries, including aircraft, Silicon Valley, and the military. It has maintained steady YEARLY income and profit margins with minor advertising. Additional growth has recently
occurred due to customers that have traditionally relied on overseas suppliers but have reverted to U.S. based suppliers. The Company operates only one shift currently but can easily be expanded to 1-1/2 shifts with its current employees, boosting revenues accordingly. Being one of the oldest companies in its market area, it has minimal competition. With itsreputation of timeliness and quality, the Company rarely loses a customer. Additionally, the owner has accumulated back-up equipment and processes to assure timely production. All employees are expected to remain with the Company. It is poised to grow with new ownership at its current location or can be absorbed into an existing powder coating facility that wishes to expand its customer base and production capabilities. The equipment can be broken down and transported to another facility.

Several city and county permits are required to operate the business. These permits are unobtainable in today’s highly regulated market but are transferrable. The owner is retiring and will provide training and customer introductions during a transition period to a new owner.

Property Features and Assets:

Two adjacent buildings of 20,800 can accommodate the integration of a compatible business.The current owner of the business also owns the buildings. Rent is negotiable with the right party. The ideal buyer will integrate a complimentary business into the premises or remove the current equipment, inventory, processes and customers to their own.

Market Competition and Expansion:

The revenues are consistently steady as is profitability. The Owner has built the business through word-of-mouth, quality of service and customer loyalty -- virtually no advertising or marketing.

Reason for Selling:

Retirement

Additional Details:

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