Absentee Owner Powder Coating Business

Las Vegas, NV
Clark County

Las Vegas

Asking Price: Annual Revenue:
$535,000 $685,214

Manufacturing: Metal Products

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RE: Absentee Owner Powder Coating Business Broker: Richard Chatwin
License #: S.0190283
Owner Financing is Available!
$481,500 down payment; Seller carry for 2 years at 8%

Quick Facts

Asking Price: $535,000
Annual Revenue: $685,214
Net Profit: $166,503
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $108,100
Real Estate: Not Disclosed
Year Established: 1984
Employees: 11
BBN Listing #: 77935142
Broker Reference #: 101-20217

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Business Overview:

This turn-key powder coating business has an ABSENTEE owner, clean financials, and has been in business since 1984. The current owner purchased the business in 2007 and has streamlined its operations for it to run without his daily involvement. The company has a well established customer base and multiple opportunities for a new buyer to increase revenues. Sale comes with all of the company's tools and equipment to continue operations. Serious seller who has prepared his business for sale with the help of a tax professional. He has all of the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For a quick response to your inquiry, please contact listing agent Richard Chatwin (RE# S.0190283, Business Broker Permit# BUSB.0007073).

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Property Features and Assets:

This is a leased location of 6,475 square feet with a Total Rent of $5,417. Lease ends 06/2022 with a one 3 year lease options. Seller is not active in the business with 7 Full Time employees, and 4 Part Time employees. Hours of operation are (Office) 8 AM to 4 PM (Shop) 6 AM to 2:30 PM, Monday - Friday. $25,254 in Inventory and $108,100 in FF&E included in Asking Price. $80,000 made in Leasehold Improvements.

Reason for Selling:

Seller is moving out of state.

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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