This industrial powder coating and specialty coating business was started in the early1960‘s in Eastern Iowa.
Asking Price: $725,000 Gross Revenue: $814,000Cash Flow: $233,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $13,600 included in asking priceFF&E: $441,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Seller is seeking an acquisition candidate for one or both of its ISO certified coating divisions, currently operating successfully in Eastern Iowa:
1) Industrial powder coating (PC) and
2) Specialty coating (SC) such as manganese & zinc phosphate
and dry film lube coating
Both divisions include some sand blasting and surface prep equipment and inventory. Sale includes all equipment and customers associated with each division. Will sell Powder coating division only for $450K, will sell both for $725K.
$814K in top line sales is 7 year average. $233K in cash flow is 7 year average for Seller's Discretionary Earnings (SDE).
Detailed Offering Memorandum available to qualified buyers. Includes equipment list, historical financial summary, photos, capabilities, customer and growth opportunity summary. Click website link on this page to complete the e-signature NDA.
About the Business
Number of Employees:
Building Sq. Ft.:
14,600 square feet modern warehouse in small town Iowa industrial park, with loading docks, easy access. Seller owned facility available for long term lease at $4k/month.
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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
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