Sandblasting and Painting Company

Michigan (Kent)

  • Asking Price: $900,000
  • Gross Income: $2,013,000
  • Cash Flow: $377,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $250,000
  • Listing ID: #209596
  • Established: 2008
  • Employees: 7

Business Description

This profitable Company offers sandblasting and painting services to a niche client base. The Company’s services are specialized. With a skilled crew and $250,000 of owned equipment, projects get completed successfully. The Company generates a significant amount of cash each year and has had revenue hover about $2 million over the past few years. The owner has reached retirement age and desires to transition into retirement. With several opportunities for growth available, this Company is well-positioned moving forward under new ownership.
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Business Details

Primary Business Category: Services - Other Services
Location: Michigan
County: Kent

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7

Financial Information

Asking Price: $900,000
Gross Revenue: $2,013,000
Cash Flow: $377,000
EBITDA: $287,000
FF&E: $250,000
Seller Financing Available: Yes

Property Information


The Company operates out of an owned 3,600 sq. ft. facility that is worth approximately $350,000.

Growth & expansion opportunities:

(1) Pursue Marketing Initiatives: The Company receives most new business through word of mouth referrals. There are simple marketing tools available that would likely significantly grow the Company’s brand. (2) Bid on More Requests: The Company has not actively pursued all requests it receives. It has operated according to the desired lifestyle of the owner. Immediate growth could be reached by being more aggressive with requests that are received. (3) Hire Additional Staff: Another painting crew or sales associate could both help the Company to grow.


Investment highlights include: (1) Valuable Equipment Base: The Company owns $250,000 in equipment that it uses to complete projects. (2) Customer Base with Ability to Grow: The customer base served has the ability to grow should new ownership tap into growth opportunities available. (3) Leading Industry Reputation: The Company has an industry-leading reputation in Michigan. (4) Financial Stability and Profitability: With revenues hovering $2 million and cash flow margins near 20%, the Company is in a strong financial position.

Reason for selling:


Support & Training:

Ownership willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC