Corrosion Resistant Linings & Coatings Applicator

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Asking Price:
$2,009,954

Gross Revenue:
$2,273,551
Cash Flow:
$530,657
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$40,000
included in asking price

FF&E:
$300,000
included in asking price

Real Estate:
$1,800,000
not included in asking price

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Business Description

This company, established in 2000, is in the suburbs of Chicago. They provide services such as: application of corrosion resistant linings and coatings, painting, lining inspections and repairs. Customers include valve manufacturers, water treatment companies, tank trailer carriers, and electroplating companies. They have maintained a loyal and consistent customer base including recurring revenue customers and contracted customers. The company is equipped with long-standing employees with a wealth of experience and knowledge for the industry and on site facilities for production, warehousing, and office duties. Since their start, they have become the best professional source and have built a strong reputation as the premier lining & coatings business in the Midwest by providing high quality and consistent services. Management is willing to stay for a period of time after the purchase to insure that the transition is mutually beneficial to both parties. High Barrier to Entry.

About the Business

Location:
Chicago, Illinois
Year Established:
2000
Number of Employees:
14
Real Estate:
Owned
Building Sq. Ft.:
25,000
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About the Sale

Reason For Selling:
Retirement
Seller Financing:
$188,433

Listing Info

ID:
1603413
Ad Detail Views:
0

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Business Listed by

Sun Acquisitions

Sun Acquisitions

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