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Industrial Flooring- Coatings Wholesaler & Installation Services

Louisville, KY

Seller Financing Available

Industrial coatings wholesaler
Asking Price:$549,000
Gross Revenue:$810,490
Rent:$26,450/Year
FF&E:$98,500
Cash Flow:$138,805
Inventory:$5,000
EBITDA:$122,057
Listing ID: 2201834Listing provided by BizBuySell
BUSINESS DESCRIPTION

This offering is a roll-up of two business entities. The sister Companies complement one another. One is a wholesaler of proprietary concrete coatings. The other is a highly specialized service company that provides installation services to the residential, industrial and commercial clients that need them. The proprietary concrete 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 Company has an effective management team in place, as well as competent and well trained sub-contractors Well established commercial clientele offer repeat business. It has proven ability for absentee ownership but could really thrive given an owner with industry skills and fresh motivation.

DETAILED INFORMATION
Location
Louisville, KY
Inventory
Included in asking price
Real Estate
Leased
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Companies lease a warehouse facility and separate retail showroom. 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 at the client's location or in the showroom.
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 from its clients, drives recurring revenue, and timely customer payment.
Growth & Expansion
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.
Financing
Seller will help finance well-qualified buyer. Prequalified for conventional financi
Support & Training
Owner is negotiable on training period.
Reason for Selling
Retirement
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OTIS
R FLORENCE
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OTIS R FLORENCE
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