Turnkey National Specialty Epoxy Paint Manufacturer / Distributor!
| Asking Price: | $1,250,000 |
| Gross Revenue: | $1,477,000 |
| Rent: | $1,310/Month |
| Established Year: | 1986 |
| Cash Flow: | $245,000 |
| Inventory: | $105,000 |
| FF&E: | $49,500 |
This leading specialty paint distributor and manufacturer has a strong national reach and a long successful track record, as a leader its industry for more than 35 years. Sale INCLUDES valuable intellectual property.
This could be operated as an owner-operator or absentee basis, with dramatic growth potential and plans already in place for a new owner with expansion ambitions. The seller will help with a transition period and would also consider staying on in a limited capacity /part-time in business development or a key client retention role.
The high-tech proprietary epoxy formula is included in the sale, and has dramatic advantages vs. competing products, including being highly chemical resistant to 20+ caustic chemicals, being more durable and having the unique ability to be applied much thicker than other products. As the formula is owned, there is a substantial opportunity to create and profit from regional distributorships and other opportunities, as well as continuing to profit from the company’s existing client base. A long list of fiercely loyal and repeating contractor and end-user clients ensures continuing profitability for a new owner.
Proprietary paint applicators and specialized tools (patent pending) inventory are also included in the sale, as well as a substantial quantity of the epoxy paint product (appx. $105,000 in ready to sell inventory). And there is a large value to the proprietary, protected formula. This cutting-edge formulation is the cutting-edge result of decades of improvements. This very valuable intellectual property has substantial value in addition to the ongoing business value and is included with a full-priced sale.
While it’s currently based in Florida, this distributorship could be relocated anywhere in the US without much disruption.
The seller has health issues which prevented additional business expansion but will share many ideas and details for how to grow the business substantially from here.
Seller will assist with a strong transition and would also consider staying on in a limited capacity /part-time in business development or a key client retention role.
