Turnkey Specialty Epoxy Paint Manufacturer / Distributor!

Asking Price$850,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,376,171

Inventory$75,000
Included in asking price
FF&E$49,500
Included in asking price
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Turnkey Specialty Epoxy Paint Manufacturer / Distributor!


Asking Price$850,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,376,171

Inventory$75,000
Included in asking price
FF&E$49,500
Included in asking price
Business Description
This leading specialty paint distributor and manufacturer has a Florida focus but also a strong and growing national. It offers a long successful track record, as a leader its industry for 40 years. Sale INCLUDES valuable intellectual property. No specific details of the formula will be disclosed before closing.

This could be operated as an owner-operator or absentee basis, with dramatic growth potential and plans already in place for a new owner with expansion ambitions. The seller will help with a transition period and would also consider staying on in a limited capacity /part-time in business development or a key client retention role.

The high-tech proprietary epoxy formula is included in the sale, and has dramatic advantages vs. competing products, including being highly chemical resistant to 20+ caustic chemicals, being more durable and having the unique ability to be applied much thicker than other products. As the formula is owned, there is a substantial opportunity to create and profit from regional distributorships and other opportunities, as well as continuing to profit from the company’s existing client base. A long list of fiercely loyal and repeating contractor and end-user clients ensures continuing profitability for a new owner.

Proprietary paint applicators and specialized tools (patent pending) inventory are also included in the sale, as well as a substantial quantity of the epoxy paint product (appx. $75,000 in ready to sell inventory). And there is a large value to the proprietary, protected formula. This cutting-edge formulation is the cutting-edge result of decades of improvements. This very valuable intellectual property has substantial value in addition to the ongoing business value and is included with a full-priced sale.

While it’s currently based in Florida, this distributorship could be relocated anywhere in the US without much disruption.

The seller has health issues which prevented additional business expansion but will share many ideas and details for how to grow the business substantially from here.

Seller will assist with a strong transition and would also consider staying on in a limited capacity /part-time in business development or a key client retention role.
About the Business
Years in Operation
40
Employees
1
Currently Relocatable
Yes
Facilities & Assets
1250 sq. ft. flex space at $1330 per month. The landlord is very friendly and reasonable and has offered expansion space if needed. Proprietary paint applicators and specialized tools (patent pending) inventory are also included in the sale, as well as a substantial quantity of the epoxy paint product (appx. $75,000 in ready to sell inventory). The sale also includes about $50,000 in equipment and other assets. Listed lease expiration date is approximate, but landlord will provide renewal options.
Market Outlook / Competition
The owned proprietary formula is superior to and has substantial and definable advantages over other specialty epoxy paints with the same applications. The brand is well-known and very popular with the business's many loyal/repeating clients.
Opportunities for Growth
This business has dramatic growth potential, and plans are already in place for a new owner to take advantage of. With its national reach, there are many untapped regions with strong potential and the seller has detailed plans for creating regional distribution centers and developing a distributor network.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,250
Rent
$1,330.00 per month
Lease Expiration
2/2/2027
About the Sale
Seller Motivation
Health issues
Transition Support
Seller will stay for at least 30 days (more may be negotiated) to ensure a smooth and efficient transition to a new owner, including making introduction to key clients and suppliers, etc. and would also consider staying on in a limited capacity /part-time in business development or a key client retention role.
Listing Info
ID
2209698
Listing Views
389

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Business Listed by: Jeff Manera TC Business Brokers

Listing ID: 2209698 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.