Industrial Painting Company #2008
Seller Financing Available
Asking Price:   $1,200,000Inventory:   
Gross Revenue:   $930,000Real Estate:   $650,000 ++
Cash Flow:   $392,000FF&E:   $235,000 ++
++ included in the asking price         ** not included in the asking price
The Company is an industrial spray painter of finished component parts that will be used in the final assembly of heavy trucks, tractors and trailers and automotive products. The Company also does grinding and smoothing of component parts, as well as warehousing and storing for its customers.
About the Business
Year Established:1998
Employees:8 full time -
Facilities:The real estate included in the sale is a 282,000 sq ft. facility for industrial use and storage. The equipment includes a heavy duty industrial spray paint line. Additional equipment included is a second smaller spray paint line, large automotive paint booth, sandblasting unit, powder coat unit, and 3 robotic painters. The sale also includes various industrial equipment such as forklifts, pallet jacks, etc.
Market Outlook and Competition:The Company could handle 2x / 3x capacity. Currently, the owner has no sales force in place and is only servicing existing customers
About the Sale
Reason For Selling:The owner wishes to retire.
Seller Financing:Third party financing is available
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KEYWORDS: manufacturing industry industrial painter painting paint engine component factory conveyor shipment trucking investor real estate property land


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Seller ID:2008
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Business Listed By
Joseph R. Bertels CPA  |  BND Commercial, LLC
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.