Industrial Painting Company
Location: Indiana > Allen County > Fort Wayne
Industry: Manufacturing > Industrial Machinery Manufacturing
Financials
Asking Price: $1,200,000
Gross Revenue: $930,000
Cash Flow: $392,000
FF&E: $235,000 (Included in Asking Price)
Real Estate: $650,000 (Included in Asking Price)
Seller Financing: Third party financing is available
Business Summary
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
Management Training and Support: The owner would be willing to stay on as long as necessary to ensure a smooth transition. Terms are negotiable.
Reason For Selling: The owner wishes to retire.
Attached Files - Attachment Disclaimer
businessprofile.pdf562 KDownload

List Your Business for Sale | This listing has been viewed 874 times

advertisement
Listing Tools
BizQuest ID:854730
Business Listed By
Name:Joseph R. Bertels CPA
Company:BND Commercial, LLC
Recommended Resources
Sponsored Links
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.