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Manufacture: Paints Coatings And Cement Modifiers
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $470000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1981
Number of Employees 1 - 3
Inventory 75000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Owner is willing to stay on for the transition to assure a smooth sale. Key employees will most likely stay on after the sale.
Reason for Sale Approaching Retirement
Description Manufacture: Paints Coatings And Cement Modifiers
This wonderful Texas based business was founded in 1981. The company continues being a leading manufacturer of architectural, industrial, commercial and residential coatings and additives. The core of the company's products range from cement modifiers, additives, sealers and finish coatings. In addition the company manufactures a variety of elastomeric roof coatings and other specialty products. The key products are used in cement overlays, patches on concrete, stain barriers over granite and stone, and general waterproofing applications. This fine business for sale is a great opportunity to take a business that is already successful and build on that foundation to secure your future. This service based company's growth can be attributed mainly to their strengths and advantages in the areas of reliability, integrity, quality of work, timeliness of response, competitive pricing and years of experience and knowledge within their industry.
After years of hard work and loyal customers standing true throughout the years, the current owners are ready to retire and see a new owner take it to the next level. This exciting business for sale offers a new owner low overhead, over 30 years of excellent history, a business that is easy to grow with little marketing and a business where you can expand production with little overhead! Name recognition, reputation, profitability, established patronage, growth capabilities, diversity and location make this offering a sound venture.
70 percent of the primary business activity is cement add mixes. 30 percent is for paints and coatings.
Adding a salesperson or marketing program would allow a new owner to increase profits. Located in North Texas, the business serves all over the US. There is a leased 4,000 sf building in an industrial area. The facility consists of one office, 1700 SF of storage and a 1900 SF shop. A new owner could relocate the company if desired.
Asking $875,000
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