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Distinguished Powder Coating Business
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This is a tremendous opportunity to own a high-quality powder coating business with proven processes and very satisfied repeat customers. The property on which this business operates has very high visibility and is near Government and commercial industry, as well as the general consumer, with needs for these coatings. The area is experiencing continuing development. Cash flow from business operations has always funded all expenses and cash flow has remained positive. The facility can be leased with an option to purchase. The lease cost to be subtracted from Cash Flow.
About the Business
- Years in Operation
- 21
- Employees
- 11 Full-time
- Facilities & Assets
- The facility consists of a 19,782 sq ft building on 1.65 acres. The operation includes a high performing management team and a skilled workforce with modern equipment. There are two high efficiency ovens, two powder spray booths with state-of-the-art filtration, a sand blast area and booth, and a large wash station area for their extensive preparation process. Along with all of the necessary equipment for operations, there are multiple spare major assemblies available for immediate replacement in the event of any malfunction. The management software system is state-of-the-art and can be utilized at a higher level.
- Market Outlook / Competition
- The local market is large enough for additional penetration into industrial, government, and consumer sectors. Some customers come from a two-hour drive away, and the market at those distances is available for more revenue, as well.
The competition is very slim for the following reasons: their reputation is stellar, the process provides the highest quality, and they have heavy equipment with large ovens to handle large product. - Opportunities for Growth
- Simply expanding the business hours to 5:00pm will create a consequential increase in revenue and profit. A second shift can be added to double the business. Marketing, advertising, and sales calling may be added to increase powder coating revenue since it is currently not performed due to the repeat customers and satisfaction with the existing workload. There is also the opportunity to add other types of coatings, as well as painting and fabrication that is being requested by existing customers. There is space on the property for new construction, as well.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 19,782
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will support during a transition period and be available if needed beyond.
- Financing Options
- no SBA
Listing Info
- ID
- 2545069
- Listing Views
- 213
Listing ID: 2545069 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.
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