Highly profitable, longstanding, protective coating company specializing in industrial floor coating services for manufacturing facilities. Located in the Central Valley and servicing customers throughout California. This niche business specializes in coating services in industries such as food manufacturing, wineries, etc. primarily to meet food safety and compliance requirements. Growth opportunities exist in other industries including the pharmaceutical industry, retail stores, clean rooms, hospitals plus other including the fast-growing Cannabis industry which will most likely be regulated similar to food production facilities. As per a report by Global Market Insights, Inc., industrial floor coatings market was pegged at $3.5 billion in 2016 and is anticipated to generate revenue over $6 billion by 2024. This is driven by many reasons that the seller will discuss.
Company has been in business for nearly 20 years and has an excellent reputation, with many repeat customers. This niche market contractor provides quality installations utilizing the best quality product that the select environment requires. Services include shot blasting, floor coatings, seamless wall systems, expansion control joints, drain installations, cove base installation and slope to drain floors. Specialization in food and beverage processing facilities but could easily expand into other industries. All work is done with an exceptional commitment to excellence and customer satisfaction. Long -term, loyal and highly trained employees in place and organized into three crews with foreman who have vast industry knowledge and experience. Long-term Management in place. An impressive list of customers throughout California. Repeat business is virtually guaranteed as customers typically resurface their facilities every five years and the company’s reputation drives repeat contracts.
Excellent books and records and tax returns with minimum “add-backs”. Highly improved facility in prime location with a large office area and yard. Seller may consider selling the real estate or provide a long-term lease. The purchase price includes a long list of assets and equipment including several commercial trucks. The sellers who are looking to retire will provide ample training at no additional cost. This business has been qualified for SBA for a licensed, qualified buyer or seller may consider seller finance for a qualified buyer with a significant down payment. Please note that this business requires a C-33 and a D6 Contractors license. The buyer should have these licenses or be able to discuss how they will obtain them. This is a unique opportunity to purchase a well-respected company with an excellent reputation in the industry with long term management and employees in place and room to grow.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply or contact seller button on this website or contact Matt Coletta at email@example.com to receive a confidentiality agreement and learn more about this opportunity.
Prime industrial location
Seller to discuss
Seller to discuss
Seller will provide ample training at no cost to qualified buyer.