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Custom Surface Finishing Company In Dayton

Dayton, OH, USA
Listed 47 days ago

The retirement aged and original owner of this company has created a solid business that enjoys long – term relationships with national, retail, automotive, healthcare, hospitality, and residential customers. A good percentage of the sales are of a recurring and institutional nature. With a young staff having over 50 years of service with this company, the owner has established a great culture and environment for both employees and customers. Over $375,000 of equipment is included in the asking price which is in excellent condition. The company uses industry software which provides customer lists, a calendar view, job views, estimating, and material ordering among many other features. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include: Modern facility SBA loan eligible Recurring revenue Broad customer base Long term client relationships No accounts receivable issues $375,000 in vehicles & equipment Real estate is available to purchase Much potential for growth – no advertising done Clean books and records – all numbers are verifiable

Employees

8

Real Estate

Lease

Trading Hours

Monday thru Friday

Premises Details

The building that the company occupies is 6,000 square feet with a layout including office space of approximately 20% of the total building area with a warehouse and production area in the back.

Years Established

20

Support & Training

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Expansion Potential

The company does no advertising or selling of their services. A sales - driven buyer could increase sales dramatically.

Competition / Market

The capabilities of the company far outweigh any of the competition. For this reason, the company has become a destination for residential, commercial, and industrial customers.

Inventory / Stock Value

$10,000 - included in the asking price

Reason for Selling

Retirement

Financials

Asking Price
$490K
RevenueMost Recent Year
$672K
Earnings (SDE)Last Reported
$193K
Assets ValueIncluded in Asking Price
$365K
Seller Financing
Yes

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