Hot Listing

Industrial Floor Coatings: Distributorship & Wholesaler

Asking Price$499,000

Cash Flow
$188,649

EBITDA$106,821

Gross Revenue$657,003

Inventory$5,000
Included in asking price
FF&E$98,500
Included in asking price
Distributorship For Sale- Largely Webbed SalesSave
Hot Listing

Industrial Floor Coatings: Distributorship & Wholesaler


Asking Price$499,000

Cash Flow
$188,649

EBITDA$106,821

Gross Revenue$657,003

Inventory$5,000
Included in asking price
FF&E$98,500
Included in asking price

Seller Financing Available
Business Description
This offering is a roll-up of two business entities. The sister Companies are owned by the same principals and complement one another. One is a wholesaler of proprietary concrete coatings. The other is a highly specialized service company that brokers installation of the products and/ or provides the installation services. The proprietary coatings are used in residential, industrial and commercial settings . The coatings are unrivaled due to their seamless and exceptionally hygienic nature. They are particularly well suited for health care facilities, food-safe manufacturing and any commercial enterprise were durability and ease of maintenance are required. The Companies have an effective management team in place, as well as competent and well trained sub-contractors. They are an exclusive source for the product so established commercial clientele offer repeat business. The business model has proven ability for absentee ownership but could really thrive given an owner with industry skills and fresh motivation.

The seller is willing to offer some financing and the business is fully pre-qualified for SBA Lending.

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About the Business
Years in Operation
8
Facilities & Assets
The Companies lease a warehouse facility and virtual office. Assets include a small fleet and highly specialized installation equipment. The warehouse facility can be relocated if desired. The majority of the business interactions with clients are either on-site or through the Company website.
Market Outlook / Competition
The Company name is well known with industrial and commercial clients. It offers specific market expertise. Proprietary formulas give it a competitive edge over its regional competition. This enables it to secure repeat business
Opportunities for Growth
The business would benefit from an owner who is devoted full-time to Company growth and expansion. The current owner is largely absentee and overwhelmed with existing demand. I buyer with management experience and fresh energy will inherit a full pipeline of business and huge opportunity to grow the business further.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,800
Rent
$1,879.17 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Owner is negotiable on training period.
Financing Options
Seller is willing to offer a % of Seller Financing
Listing Info
ID
2395742
Listing Views
522

Contact Seller

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Business Listed by: OTIS FLORENCE BUSINESS BROKERS & CONSULTANTS, INC

Listing ID: 2395742 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. See our full Terms of Use. Learn how to avoid scams.


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