Concrete Coating, Staining & Sealing

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Asking Price:
$500,000

Gross Revenue:
$640,000
Cash Flow:
$237,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$375,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

They provide both decorative and preventive maintenance types of concrete coating, staining & sealing for commercial, industrial & residential applications that beautify, protect and provide safety to concrete floors and other concrete surfaces. Approx. 40% commercial, 40% industrial & 20% residential.

The company has been in business for over 9 years. The owner has a lifetime of experience in the concrete coating industry that he will pass along to the new owner. They have a reputation for quality service and customer satisfaction in Owensboro & Henderson, Kentucky; Evansville, Newburgh, Jasper, Huntingburg & Ferdinand, Indiana, and all areas in between.

About the Business

Location:
Perry County, Indiana
Year Established:
2009
Number of Employees:
5
Relocatable:
Yes
Real Estate:
Owned
Building Sq. Ft.:
3,500
Facilities:
Seller owns a 3500sf pole barn that he uses for the business. It is located on his property. The buyer will need to relocate.
Market Outlook/
Competition:
The barriers to entry into this business restrict competition. The Seller has decades of experience and knowledge that he will share with the Buyer. The reputation that his company has with their customers and the word of mouth referrals are priceless.
Growth & Expansion:
They have recently added new machines which have allowed them to do larger jobs more efficiently and profitably.
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About the Sale

Reason For Selling:
Slow down/retire
Training/Support:
Depending upon the knowledge/experience in the concrete staining, sealing industry, the Seller will train the buyer to assure a smooth transition. Seller has also offered to stay on with compensation, if needed, to assist new owner. He would also work in a commissioned sales capacity, if that is something the Buyer wants.

Listing Info

ID:
1595548
Ad Detail Views:
0

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  Business Profile (197 KB)
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