Powder Coating Co.- since 1991! Absentee Owner
Business for Sale Overview
Business Types: Powder Coating, manufacturing
Business Location: Los Angeles Area,
Asking Price: 1,000,000
Gross Income: $2,100,000+/
Cash Flow: CALL
FF&E: CALL
Inventory: CALL
Real Estate: Seller owns real estate and will offer business buyer long term lease
Year Established: 1991
Employees: 60+/
Business for Sale Description
Powder coating, liquid paint finishing and shielding company located in Southern California.
ISO 9001-2008 and AS9100 certified. Fully permitted with all relevant authorities.
Long term loyal customer base with recent focus on military and aerospace.
2014 Gross sales were $2.1M+/. 2015 sales have been strong.
18K sq. ft. +/ well maintained facility with state of the art equipment including 2 newer 30hp compressors, 2 separate heavy duty conveyors which can handle powder or paint and large ovens.
Fully trained staff of 60+/ employees.
Owner is absentee and the well trained admin. staff run the day to day operation.
Detailed Business for Sale Information
Facilities: 18,000+/q. ft. of expertly designed manufactuering and admin. space. Rent is $15K+/. Seller owns real estate and will offer long term lease to buyer. Plenty of parking.
Competition: The powder coating business is competitive. This operation has held its own since inception in 1991.
Growth/Expansion: Several possible ways to expand sales.
Support/Training: 2 weeks for 10 hours per week or as negotiated during due diligence.
Reason for Selling: Seller has other interests after owning this operation for more than 25 years.
About Brenda the Business Broker
Brenda Bernhard, Brenda the Broker, is a Los Angeles Certified Business Broker (CBB) with years of experience in business buying, business selling, and business consulting services. Brenda the Broker is based in Los Angeles and helps clients with businesses for sale locally, nationally, and globally.
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