Profitable Metal Coatings Business

Not Disclosed, VA

Asking Price: Annual Revenue:
$1,100,000 $889,053

Manufacturing: Metal Products

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RE: Profitable Metal Coatings Business Broker: Hal Feder

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $889,053
Net Profit: Not Disclosed
Cash Flow: $271,754
Total Debt: Not Disclosed
FF&E: $259,565
Real Estate: Not Disclosed
Year Established: 2004
Employees: 6
BBN Listing #: 16594955
Broker Reference #: 2008-15858

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Business Overview:

Popular Powder Coating & Metal Refinishing Business -- For Immediate Sale

Established in 2004, this successful, profitable, and established metal and powder coatings business has built its reputation on quality, reliability, convenience, and value for the money. This operation services the industrial, protective, and decorative coating needs for a broad range of customers. From fabrications to restorations, few jobs are too large and no job is too small. The business caters to residential, commercial, and governmental contracts always ensuring the requirements for quality and timing are fully satisfied. This is a turn-key business with all facility and equipment in place and a dedicated, highly trained staff working to ensure delivery of quality, schedule, and price. Make money on Day 1 with a growing, profitable, and established powder coating and metal refinishing business -- this one will not last!

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Property Features and Assets:

This operation is housed in a standalone 9,000 square foot facility on 1.25 acres and located in the heart of its loyal customer base. A 5-year triple net lease is available for $6,000 / month with (2) two 5-year renewal options. Asset= $259,565

Market Competition and Expansion:

This business category is characterized by a very low concentration of companies. This specific business is very established in its market space and enjoys a loyal customer base after operating successfully for over 16 years. Strong relationships have also been developed with several large commercial accounts which also helps to damper competitive pressure and protect margins. Since 2016, the company has experienced 33% revenue growth but has several growth avenues available for the new ownership, including: 1) Geographic expansion via the addition of a dedicated Sales/Business Development position 2) More aggressive, consistent marketing and advertising programs to conquest new business 3) Addition of fieldwork projects to the present shop-based only customer pipeline

Reason for Selling:

The President is retiring/relocating.

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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