North Carolina Powder Coating Facility For Sale
Not Disclosed, NC Not Disclosed
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- RE: North Carolina Powder Coating Facility For Sale
- Contact: John Chaffee
Quick Facts
| Asking Price: | $120,000 | |
| Annual Revenue: | $405,285 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $53,155 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $35,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 2 | |
| BBN Listing #: | 151858201 | |
| Broker Reference #: | 13485-794342 |
Business Overview:
Small electrostatic, batch, powder coating paint facility with multiple commercial customers located in Triad Region (Greensboro, Winston-Salem, High Point) in NC
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Property Features and Assets:
Monthly Rent: $2,575.00
Square Units (Foot, Meter): 7,000
Lease Expiration Date: December 30, 2025, 9:00:00 PM
Terms Options: Annual rent adjustments, lease extension for 3 years.
FF&E Overview: 15200 Media Blast Booth, Gema Powder Gun, batch oven, E-max 25HP compressor, Powder Coating Booth, storage trailer, Yale lift truck
FF&E General Condition: Good condition
Market Competition and Expansion:
Competition: There are at least 3 competitors in the Triad, but PPLLC has established a niche, batch powder coating business that offers key customers within a 60 mile radius what they need. Many of the other powder coating facilities in the region offer only large production runs in automated processes and cannot compete for large and specialty parts (large machinery and auto components).
Expansion: SDE in 2021 was over $50,000, but company dropped some clients in 2022 and reset course to focus on larger commercial production runs - they cut costs in September 2022 by eliminating unnecessary personnel and attracted several new large commercial customers. Financial performance is expected to improve in 2023.
Reason for Selling:
Managing partner moved & now managing remotely.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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