Business Overview

The company offers precision painting, powder-coating, and silk screen services.


  • Asking Price: $1,324,750
  • Cash Flow: $287,717
  • Gross Revenue: $1,249,095
  • FF&E: $169,562
  • Inventory: $67,834
  • Inventory Included: Yes
  • Established: 1959

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:21
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Leased facility includes approximately 11,000 sq. ft. interior space and 4,000 sq. ft. of covered exterior space.

Purpose For Selling:

Owner wants to retire.

Pros and Cons:

Most companies in this industry are small and compete by focusing on a specialty customer niche within a local or regional area.

Opportunities and Growth:

Revenue for U.S. metal coatings industry is forecast to grow at an annual compounded rate of 4% between 2019 and 2023. A focused marketing plan targeting the medical, electronic, furniture and aviation/aerospace industries could increase revenues.

Additional Info

The venture was established in 1959, making the business 63 years old.
The transaction shall include inventory valued at $67,834, which is included in the requested price.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals choose to sell operating businesses. Nevertheless, the real factor and the one they tell you may be 2 completely different things. For instance, they might state "I have way too many other responsibilities" or "I am retiring". For many sellers, these reasons are valid. But, for some, these might just be excuses to attempt to hide the reality of changing demographics, increased competition, current reduction in incomes, or an array of other reasons. This is why it is extremely vital that you not rely absolutely on a seller's word, yet instead, utilize the vendor's solution along with your total due diligence. This will repaint a much more practical picture of the business's existing scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many companies borrow money with the purpose of covering points like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can indicate that earnings margins are too tight. Numerous companies fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that need to be met or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area draw in brand-new clients? Many times, businesses have repeat clients, which create the core of their day-to-day earnings. Specific aspects such as new competitors growing up around the area, road building and construction, and also personnel turnover can impact repeat clients as well as negatively influence future earnings. One essential point to think about is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Clearly, the more individuals that see the business often, the higher the possibility to construct a returning customer base. A final thought is the basic area demographics. Is the business placed in a densely populated city, or is it situated on the edge of town? Exactly how might the regional average family income effect future earnings potential?