High Performing Industrial Flooring/Coating Company

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Well Established Profitable Business Ready For Transition
Asking Price:
$400,000
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Gross Revenue:
$942,248
Cash Flow:
$157,810
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This successful specialty product and installation company offers a great opportunity to purchase an established business with tremendous upside potential. The business was started over thirty-five years ago by the current owner and has earned a strong reputation in the coating and sealing industry for innovation, customer service, and quality work in both routine installations as well the more challenging environments. The company has developed its own proprietary product line of coatings and sealers, providing exceptional quality and a significant cost advantage over its competitors. The company has two strategic growth opportunities for a buyer: 1) Growth in the installation and service side of the business both regionally with its current teams of installers and potentially nationally and 2) Development of the product side of the business by selling or licensing the proprietary products to industry competitors or contractors. This opportunity offers a perfect fit for a strategic acquisition for a company in the industry or in an adjacent industry such as concrete construction, painting, or spray-on coating contractors. It is also a great opportunity for an aggressive entrepreneur looking for a business platform that offers high growth potential and a proven and profitable business model. The founder/owner is looking to step back from the rigors of business ownership but would be willing to stay involved in the business in a consulting role or some other capacity of benefit to the new owner. He is also willing to help transition the business to a new owner. The business has several key employees that have industry knowledge and experience that would help the new business owner continue to grow this business. The business is being offered without real estate. The buyer has the option of leasing or buying the current facility from the owner, or relocating the business to new space.

About the Business

Year Established:
1980
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About the Sale

Reason For Selling:
transition from ownership

Listing Info

ID:
1514686
Ad Detail Views:
38

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Business Listed by

Mitchel Cox

Transworld Business Advisors

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Source: Decennial Census (2010), United States Census Bureau.

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