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Coating Removal And Application Shop
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $320581
Net Profit / Cash Flow $87156
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Other business interests.
Description Since 1990 this very busy coating removal, surface preparation and coating application shop for sale has grown to be the largest business of its type in the tri-state area. Its success is based on quick turnaround, demonstrably superior quality, and on-time performance. The owner has invested heavily in the right equipment that gives his business its competitive edge, and he insists on using the highest quality paints. The 6,000 square-foot shop is outfitted with 480-volt 3-phase electric service. Major customers include steel erectors and steel fabricators, and the client list includes many high profile and high margin projects. The shop capably handles metal products of all descriptions and sizes up to 40 feet in length and 10,000 pounds in weight as well as heir looms, toys, garden furniture, industrial tanks, I-beams, industrial pipes, automotive chassis, railings, radiators and much, much more. The owner is a certified welder, although the level of welding for this business can be taught to a new owner in days. This business does not require technical credentials, and the ideal owner would be a hands-on operator with the ambition to build a growing business from a very solid base. A leasing company has already signaled its interest in financing the possible sale of the business. There are many exciting details to learn about this opportunity, but you must make an inquiry to get started!
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