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Listed by:

ProNova Partners

Broker license number: 01820673

High-Tech Coatings Distribution Company With GSA Account In Lenox For Sale

Lenox, Michigan, US
Asking Price:
Undisclosed Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$21,529
Cash Flow:
$1,254

This turn-key business is poised for rapid growth. The right buyer will acquire all the tools, certifications, and connections for a solid base from which to take this business to a highly profitable level. Not only does the business have an exclusive agreement for the Michigan market, but it also has customers and market opportunities around the world. With a website, several social media accounts, industry listing sites, a customer list of about 200 customers, and a GSA account, this business is ready for the acquirer to expand into oil and gas, marine, and several other industrial markets.

Seller created this business around a high-tech coating product line that is a game-changer. Customers from around the world use these coatings to extend product maintenance cycles by 5x through corrosion prevention. This product line includes nine SKUs that include surface treatment, industrial coatings, additives, and sealers.

The Seller has several other ventures and is ready to transition this business to another passionate Buyer who can take it to the next level. Ideal for an individual, a distribution company, or a strategic buyer with complimentary channels. Business name and location will be shared once a qualified Buyer prospect is vetted.

NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Property Information

Premises Details:

A small warehouse is available for rent, or minimal storage space (e.g., 400 sq ft) is needed to keep inventory on hand. The supplier will drop-ship, reducing the need for a warehouse.

Business Operation

Expansion Potential:

The business has been established but has not been a primary focus for the owner. The Michigan market is exclusive so marketing efforts in this geography such as direct sales, online marketing through established accounts, and other traditional marketing methods would pay dividends. Utilizing the Company’s GSA and Alibaba accounts more proactively is a big opportunity. Finally, penetrating vertical markets such as oil & gas, agriculture, and manufacturing with commissioned representatives, digital marketing, and traditional marketing would lead to additional growth.

Competition / Market:

There are many distributors of coatings across the United States, but this distributor holds an exclusive agreement and trademarks for this industrial coating.

Reasons for selling:

Other business interests.

Employees:
4
Years established:
2014

Other Information

Support & training:

As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

TBD if structure and terms are acceptable.

Furniture / Fixtures value:
$1,800 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price

Listed by

ProNova Partners

Broker license number: 01820673

View 126 ProNova Partners listings