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Well-established Coating Solutions With Organic Stability! (17921) For Sale

Southern OR, Oregon, US
Asking Price:
$385,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$559,911
Cash Flow:
$139,799

This business provides specialized waterproof coatings, installation services, epoxy floor applications and product sales for regional general contractors and some homeowners. General contractors represent 65% of sales, remodelling contractors make up 20%, and homeowners account for 15% of revenues.

Benefiting from high-quality manufacturers and nearly three decades of success, the business maintains long-term relationships with local contractors. From Southern Oregon, the warehouse facility measuring 2,200 square feet is complete with office and shop space.

A skilled team of six nonunion employees are likely to stay post-sale and continue owner-involved operations after a smooth owner-transitioning period.

The company’s flexibility to streamline and diversify product distribution coupled with the untapped market and a booming growth of the community present big opportunities for diversification through added carpenters and increased commercial work efforts.

Reviewing the Year-to-Date Sales report from October the company is seeing stable growth over 2022’s Revenues of $559,911 and Discretionary Earnings of $139,799 with a projection at $629K! Apart from their active website and top ratings, promotion efforts rely mostly on verbal referrals backed by a large, repeating clientele that can be maximized through social media engagement and targeted marketing.

The solid foundation of the business and many contacts represent an excellent investment opportunity for new ownership.

Property Information

Real Estate:

Lease

Premises Details:

Current Receivables can be negotiated at Sale.

Size in square feet:
2,200+/-

Business Operation

Reasons for selling:

Approaching retirement.

Trading hours:

Daily 6:30AM to 5PM.

Employees:
6 nonunion.
Years established:
1996

Other Information

Support & training:

Continued owner-involved operations after a smooth transition period.

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

Standard SBA-term financing will be negotiable for qualified buyers.

Furniture / Fixtures value:
$143,095 - included in the asking price
Inventory / Stock value:
$30,000 - included in the asking price