MergerPlace

Industrial Spray Painting Company

Michigan


  • Asking Price: $250,000
  • Gross Income: $552,485
  • Cash Flow: $38,694
  • Real Estate: $1,200,000
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #202403
  • Established: 1976
  • Employees: 8

Business Description

This well-established industrial spray painting company was founded over 4 decades ago.
The Company provides industrial spray painting services to a diverse set of industry-leading customers.
The Company operates out of an owned 22,500 sq. ft. facility that is optimized for efficient and safe production located on 2+ acres.
The founder and owner has enjoyed growing the Company, but is seeking to transition into retirement. The founder is willing to assist a new owner through a reasonable transition period.


Business Details

Primary Business Category: Services - Other Services
Location: Michigan

Company Information

Year Established: 1976
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $250,000
Gross Revenue: $552,485
Cash Flow: $38,694
Real Estate: $1,200,000
Seller Financing Available: No

Property Information

Facilities:

22,500 sq. ft. facility located on 2+acres. Facility designed for industrial spray painting services.

Growth & expansion opportunities:

1) Enhanced Marketing Capabilities 2) Additional Service Offerings 3) Expanded Service for Current Customer Base

Competition:

Investment Highlights include: 1) Name Brand Recognition: The Company has developed a strong reputation while serving customers with high quality industrial spray painting services for over 40 years. Almost 20% of their customers have been with them for over 20 years. 2) Diverse and Impressive Customer Base: The Company has grown a diverse set of customers, primarily in the furniture, medical, military, and aviation industries. Many of these customers are large and reputable within their fields. 3) Fully Permitted Facility with Room for Expansion: The facility is fully permitted and primed for further expansion with additional property available if desired.

Reason for selling:

Retirement

Support & Training:

The owner is willing to provide support through a reasonable transition period to be determined.

Contact Business Seller

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Business Listed By:

Matt Baas

Calder Capital, LLC