Gross Revenue: $1,100,000

Cash Flow: $363,000

Founded in 1998 by the current owner, the company is a metal painting job shop that uses a high technology electrical coating/painting process. It is not a powder coat but can be used with it and would in fact be a good acquisition for a powder coating business, other vice-versa.

It’s more than 20 active accounts are more than half in heavy transportation, about a third are general industry, and the remainder are automotive and marine. Sales are strongest in the South Central but reach out nationally and could be grown along those lines.

Competition ranges from smaller regional providers to significantly larger and better-capitalized national firms. There are two direct competitors in the immediate marketplace.

The business is ready to prosper even more by enhanced sales and marketing and fresh energy and resources devoted to its growth.
• Outstanding growth opportunities exist within this and related industries
• Strong growth predicted in the U.S. metal parts manufacturing industry
• Development of a Sales Department would create faster growth
• Sales have grown consistently from $666,000 in 2003 to Est. $1,100,000 in 2006
• Established blue-chip clients, there are several, represent 85%+ of total sales
• Strong client relationships, result in repeat business of 90% of sales
• Strong supplier relationship, fixed pricing with leading industry supplier
• National sales market, strong regional sales but national in scope
• Great employees, very experienced, good work ethic, low turnover, 90% retention
• High barriers-to-entry, this plant would be very expensive to build and start-up
• Good transportation accessibility, centrally located for all types of shipping