Business Overview:
Small electrostatic 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:
FF&E Overview: 15200 Media Blast Booth, Gema Powder Gun, batch oven, E-max 25HP comprssor, Powder Coating Booth, storage trailer, Yale lift truck.
Market Competition and 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 a homebased business opportunity.
- This is not a franchise resale opportunity.
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