Concrete Coatings Business For Sale, $2.4m Revenue, $943k Adj. Ebitda

Honolulu County, HI

Seller Financing Available

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Asking Price:$4,800,000
Inventory:$111,812
FF&E:$369,206
Gross Revenue:$2,403,429
EBITDA:$943,521
Established Year:2019
BUSINESS DESCRIPTION

The company, founded in 2019, has quickly established itself as the premier provider of specialty concrete coatings on Oahu. Based in Hawaii, the company serves multiple islands, leveraging its exclusive dealership for premium coating products to dominate the market. With a lean team of six, including four skilled installers, the business completed 256 jobs in 2023.

Operating from a 1,200 sq. ft. leased facility and utilizing two fully-outfitted vans, the company maintains an efficient operation with an average job size of $10,300. Fully managed by one owner on a limited basis, the company has an exceptional 4.9-star customer rating across major platforms and an A+ BBB rating.

Positioned for further growth as the market leader in Hawaii, the company has immediate capacity to double its operations by operating a second van consistently. Expansion into other islands and the commercial/government sectors are viable opportunities that a new owner should consider for this market leading concrete coatings service provider. With minimal owner involvement, the company provides a strong foundation for a new owner to quickly assume control and drive expansion.


ATTACHED DOCUMENTS
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DETAILED INFORMATION
Location
Honolulu County, HI
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,200
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Established as the market leader for concrete coatings in the state.
Growth & Expansion
Immediate growth opportunity through utilization of a second, fully- equipped van, potentially doubling daily job capacity. Significant potential for expansion into commercial, government, and outer island markets.
Support & Training
The existing owners are seeking an acquirer that sees opportunity for growth in expanding the company’s geographic presence in Hawaii to additional islands. Ownership is open to a transition period to be determined, and available to support the new owner post acquisition.
Reason for Selling
Both owners are ready to sell the business after dominating the market in Oahu.
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Ryan
Adair
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Ryan Adair