Industrial Flooring- Coatings Wholesaler & Installation Services Louisville, KY (Jefferson County)

Industrial Flooring- Coatings Wholesaler & Installation Services Louisville, KY (Jefferson County)

Price: $549,000.00
Location: Louisville, KY
Industry: Wholesale- Building Other
Listing ID: 6598529

This offering is a roll-up of two business entities. The sister Companies complement one another. One is a wholesaler of proprietary concrete coatings. The other is a highly specialized service company that provides installation services to the residential, industrial and commercial clients that need them. The proprietary concrete coatings are superior due to their seamless, impermeable and hygienic nature. They are particularly well suited for health care facilities, food-safe manufacturing and any commercial enterprise were durability and ease of maintenance are required. The Company has an effective management team in place, as well as competent and well trained sub-contractors Well established commercial clientele offer repeat business. It has proven ability for absentee ownership but could really thrive given an owner with industry skills and fresh motivation.

Total Sales: $962,427.00
Cash Flow: $134,154.00
EBITDA: $112,397.00
FFE Included: $98,500.00
FFE: $98,500.00
Inventory: $5,000.00
Reason For Sale:

Retirement

Facilities Information:

The Companies lease a warehouse facility and separate retail showroom. Assets include a small fleet and highly specialized installation equipment. The warehouse facility can be relocated if desired. The majority of the business interactions with clients are either on-site at client location, or in the showroom.

Competition:

The Company name is well known with industrial and commercial clients. It offers specific market expertise. Proprietary formulas give it a competitive edge over its regional competition. This enables it to secure repeat business from its clients, drives recurring revenue, and timely customer payment.

Potential Growth:

The business would benefit from an owner who is devoted full-time to Company growth and expansion. The current owner is largely absentee and overwhelmed with existing demand. I buyer with management experience and fresh energy will inherit a full pipeline of business and huge opportunity to grow the business further.

Financing/Terms:

Seller will help finance well-qualified buyer. Prequalified for conventional financing.

Otis Florence

Phone: 502-425-0995
For more information on this listing, please complete our Non-Disclosure Agreement

Otis Florence