Industrial Maintenance: Installation & Application of Industrial Coatings

Listing Information for #71000

$999,000.00

Description

This industrial maintenance contracting service company is located in central South Carolina and is looking for an investor for up 70% of the business. This business specializes in installation and application of industrial high-performance coatings. They prepare surfaces for coatings using state-of-the-art techniques, such as wet/dry abrasive blasting, high pressure water blasting, and vacuum power tooling. High quality coatings are then applied to concrete surfaces, steel structures, tanks, and vessel linings. All of their work is done with the highest level of precision and in accordance with all regulations. With many years of experience in the industry, their highly trained and experienced crew always provides only the highest level of professionalism and customer service.

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Description of Equipment

Equipment and inventory included in the sale, more details available upon inquiry.

Employee Details

Key employees will most likely stay after transition. The owner is available for an extended transitioning period. In fact, he would prefer to form a strategic alliance with the new owner. He is willing to negotiate which position would work best for the new owner.

Location Details

This business is located on 1.5 acres with 7,200 sq ft of space in 3 buildings. This includes a 3,000 sq ft shop area, 3,000 sq ft of storage, and a 1,500 sq ft work and office area. They are located in an industrial park just off a state highway. This location is fenced and has a security system. The business location is owned with an option to buy.

Expansion Opportunity

There are many effortless growth opportunities for this business. Currently, there is work being turned down because it cannot be accommodated with the current staff. Hiring more technicians would generate additional revenue. Another opportunity comes from stronger sales efforts such as outside sales and stronger marketing efforts with a sales team.

Competitive Edge

Customers choose this business because of their excellent customer service. Their highly trained employees go above and beyond to ensure customer satisfaction. Customers know that the job will always be done on-time and within budget. Throughout their years in business, this company has built a great reputation in the area as well as many loyal customers.

Summary

This industrial coating company has been in business since 1981 with the current ownership starting in 1996. The owner is looking for an investor in order to take this business to the next level. This South Carolina based business is a great opportunity to take a business that is already successful and build on that foundation to secure your future. This owner-operated business is managed in a hands-on fashion, giving the owner full control over the quality of products and the customer service provided. There is plenty of opportunity for growth in this company with many avenues of expansion that could boost profit. This company offers a new owner a successful business with stable revenues. For more information on this listing, contact us today.

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About Us

IAG, LLC is a business intermediary consulting firm, facilitating the buying and selling of businesses. For more than 25 years the Management Team has been a leader in the industry and has helped the owners of privately-held companies "cash in" on all their hard work and get the best payoff possible.

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