Coating Removal And Application Shop For Sale

Business description

Since 1990 this very busy coating removal, surface preparation and coating application shop has grown to be the largest business of its type in the tri-state area. Its success is based on quick turnaround, demonstrably superior quality, and on-time performance. The owner has invested heavily in the right equipment that gives his business its competitive edge, and he insists on using the highest quality paints. The 6,000 square-foot shop is outfitted with 480-volt 3-phase electric service. The premises include ground level loading and unloading with two 12 ft. by 14 ft. overhead doors. The building has both a back yard and side yard for storage. The location is in a fenced in complex at the end of a dead end street. Railroad tracks in back of the shop provide no noise issues. Facility can be operated 24 hours 7 days a week with no problems. Major customers include steel erectors and steel fabricators, and the client list includes many high profile and high margin projects. The shop capably handles metal products of all descriptions and sizes up to 40 feet in length and 10,000 pounds in weight as well as heir looms, toys, garden furniture, industrial tanks, I-beams, industrial pipes, automotive chassis, railings, radiators and much, much more. The owner is a certified welder, although the level of welding for this business can be taught to a new owner in days. This business does not require technical credentials, and the ideal owner would be a hands-on operator with the ambition to build a growing business from a very solid base. A leasing company has already signaled its interest in financing the possible sale of the business. SELLER FINANCING AVAILABLE FOR A QUALIFIED BUYER. ALL NUMBERS ARE VERIFIABLE There are many exciting details to learn about this opportunity, but you must make an inquiry to get started!

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Pursue other business interests

Employees:

2

Years established:

1990

Other information

Support & training:

yes

Financing available:

250,000 down & $50,000 over 2 years at 6% and $100,000 balloon over 5 years at 8%

Furniture / Fixtures value:

$270,000

Inventory / Stock value:

$30,000