Profitable Powder Coating Company
Location: California > Riverside County > Temecula
Industry: Manufacturing > Metals Components Manufacturing
Financials
Asking Price: $450,000
Gross Revenue: $253,000
Gross Revenue Comments: 2008 est
Cash Flow: $134,000
Cash Flow Comments: 2008 est
Inventory: $60,000 (Included in Asking Price)
FF&E: $144,000 (Included in Asking Price)
Seller Financing: Owner may carry
Business Summary
Price Reduced! 2008 is already showing a 15% increase in business over 2007 and starting August 1st the owner began a heavy radio advertising campaign which will continue to increase sales.
Established powder coating company for 7 years in the Temecula Valley that takes pride in doing what others say cant be done. The company has a reputation in the valley for great customer service, the cleanest showroom and offering a high quality job that is not available anywhere else in the valley. This is not an operation that will ever have competition from overseas. They have a strong customer base across several industries with no customer being more then 10% of their revenue. They powder coat motorcycle parts, lawn furniture, boat parts, car chassis, wheels and other automotive parts. This is a turnkey operation and a highly profitable business. This company has excellent cash flow since all of their customers pay COD. The company has two employees who can run every aspect of the business from quoting prices, to sandblasting and powder coating the products. It is possible for this operation to be owned by an absentee owner. The business is very easy to learn, the current owner says the complete operation can be taught to someone in a few weeks. Owner is willing to stay on as an employee if the new owner feels some additional training is necessary.
A savvy business person with no previous experience will be successful. The new owner could directly market to local small manufactures to increase business. This is an excellent business
Established powder coating company for 7 years in the Temecula Valley that takes pride in doing what others say cant be done. The company has a reputation in the valley for great customer service, the cleanest showroom and offering a high quality job that is not available anywhere else in the valley. This is not an operation that will ever have competition from overseas. They have a strong customer base across several industries with no customer being more then 10% of their revenue. They powder coat motorcycle parts, lawn furniture, boat parts, car chassis, wheels and other automotive parts. This is a turnkey operation and a highly profitable business. This company has excellent cash flow since all of their customers pay COD. The company has two employees who can run every aspect of the business from quoting prices, to sandblasting and powder coating the products. It is possible for this operation to be owned by an absentee owner. The business is very easy to learn, the current owner says the complete operation can be taught to someone in a few weeks. Owner is willing to stay on as an employee if the new owner feels some additional training is necessary.
A savvy business person with no previous experience will be successful. The new owner could directly market to local small manufactures to increase business. This is an excellent business
About the Business
Year Established: 7
Employees: 2 full time -
Relocatable: Yes
Facilities: Clean 3,200 sq/ft shop located in an industrial park, great landlord, favorable lease terms
About the Sale
Management Training and Support: Owner will train for 4 weeks and stay on as an employee for a limited time if needed.
Reason For Selling: Pursue other business interests
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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