Established Industrial Coatings Business
Location Oklahoma,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $2000000
Net Profit / Cash Flow $1000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1987
Number of Employees 10 - 19
Inventory 530000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller will negotiate a transition period
Reason for Sale Retirement
Description Established industrial coatings business with over $1 million net annual cash flow providing exclusive services to the oilfield and gas valve industries. Business is 26 years old and has some of the largest oil & gas companies as long term customers. Excelling in a wide range of industrial coating applications including both powder coating and plating, the company has won several ''supplier excellence'' awards.
The fully EPA compliant business has grown an average of 12% over the past 10 years and is poised for 20% plus growth over the next 3 years. The owner is ready to retire but will stay on during transition period and longer as consultant if requested. This highly profitable and lucrative business will provide its new owners with tremendous opportunity for continued growth with minimal future capital commitments. Call Jay Shrewder today to get more information on this business at: 918-230-9813.
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