Southeast Based Chemical Manufacturer

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75% Gross Margins, Recognized Brand Names, 35 Year Track Record
Asking Price:
$2,200,000

Gross Revenue:
$1,700,855
Cash Flow:
$421,887
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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

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Business Description

Our client is a manufacturer of innovative industrial/commercial coatings that help their customers’ products last longer, perform better and provide protection against mold, mildew, fungus, bacteria, mineral buildup and corrosion. Their products include the highest performance EPA registered products in their class. The Company is best known for their proprietary controlled-release products created and developed for the industrial/commercial HVAC industry. However, their broad trademarked product lineup includes USDA/EPA approved applications for the food manufacturing industry, medical and clean rooms and more. Industrial/commercial applications include certified flame and smoke resistant coatings as well as floor coatings that exceed all known slip resistant coatings (OSHA, ADA, etc.). The Company excels at identifying needs in industrial markets and developing products to address those needs.

About the Business

Location:
Mecklenburg County, North Carolina
Year Established:
1985
Number of Employees:
13
Real Estate:
Owned
Building Sq. Ft.:
30,000
Facilities:
The Company operates in a modern 30,000 square foot building with four truck height loading doors and a UPS drive up ramp, which sits on about five acres. The building was purchased with the idea that they would grow into it. However, with no sales staff there is plenty of unused space and room to grow. Although the founder would consider leasing the property, his strong preference is to sell. The property is available for purchase at $1 million. The building was appraised within the last year and the appraisal supports the asking price.
Website:
acceleratedmfgbrokers.com/manufacturing-business-listings/chemical-manuf
Growth & Expansion:
The Company has a proven track record spanning almost 35 years. They have recognized brand names with scientifically provable best in industry results. They have staff, products and facilities in place to easily quadruple sales without major capital expenditure. The Company has survived without a sales force and without advertising the benefits of their products. There are many additional applications for their products, particularly in food processing and in supermarket produce areas that have not yet been exploited.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The Seller will provide appropriate training and transition
Seller Financing:
Partial financing available to qualified buyers

Listing Info

ID:
1641555
Ad Detail Views:
652

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Business Listed by

Frances Brunelle

Accelerated Manufacturing Brokers, Inc.

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