Hot Listing

15+ Year Custom Surface Finishing Co - $193K Cash Flow

Asking Price$490,000

Cash Flow

EBITDA$175,000

Gross Revenue$672,000

Inventory$10,000
Included in asking price
FF&E$365,000
Included in asking price
Great WorkmanshipSave
Hot Listing

15+ Year Custom Surface Finishing Co - $193K Cash Flow


Asking Price$490,000

Cash Flow

EBITDA$175,000

Gross Revenue$672,000

Inventory$10,000
Included in asking price
FF&E$365,000
Included in asking price
Business Description
Great Staff
The retirement aged and original owner of this company has created a solid business that enjoys long – term relationships with national, retail, automotive, healthcare, hospitality, and residential customers. A good percentage of the sales are of a recurring and institutional nature. With a young staff having over 50 years of service with this company, the owner has established a great culture and environment for both employees and customers. Over $375,000 of equipment is included in the asking price which is in excellent condition. The company uses industry software which provides customer lists, a calendar view, job views, estimating, and material ordering among many other features.

The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

Modern facility
SBA loan eligible
Recurring revenue
Broad customer base
Long term client relationships
No accounts receivable issues
$375,000 in vehicles & equipment
Real estate is available to purchase
Much potential for growth – no advertising done
Clean books and records – all numbers are verifiable

About the Business
Years in Operation
21
Employees
8 Full-time
Facilities & Assets
The building that the company occupies is 6,000 square feet with a layout including office space of approximately 20% of the total building area with a warehouse and production area in the back.
Market Outlook / Competition
The capabilities of the company far outweigh any of the competition. For this reason, the company has become a destination for residential, commercial, and industrial customers.
Opportunities for Growth
The company does no advertising or selling of their services. A sales - driven buyer could increase sales dramatically.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Seller is of retirement age and wishes to retire after successfully transitionin
Transition Support
The owner will train in all aspects of the business and will be available to ensure a smooth transition.
Listing Info
ID
2356104
Listing Views
2624

Listing ID: 2356104 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. See our full Terms of Use. Learn how to avoid scams.