Coatings Service - Municipalities - 2 Companies
Location Arizona,United States
Asking Price Range < $250K
Gross Revenues $207871
Net Profit / Cash Flow $101236
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1997
Number of Employees 1 - 3
Inventory 70000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training 30 Days
Reason for Sale Retirement
Description Well-established with excellent cash flow. Purchase Price includes 2 companies-the Exterminating Company and the Coating Company. The Exterminating Company was purchased in 1997 by current owners. They researched products and equipment to allow a spray application of epoxy solids into sanitary sewer manholes and formed the Coating Company in 2005. They invested in new upgraded custom field equipment three years ago. The equipment was estimated at $100,000. The exterminating company applies municipality approved insecticide coatings in sanitary sewers and wastewater structures. Many municipalities re-spray on routine schedules. The epoxy coatings are applied for contractors in new developments, as well as rehab projects for municipalities and utility companies. Minimal competition. All city authorizations in place statewide. Home operated..
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