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Lenox, Macomb County, Michigan
Coatings Distribution Company - High Tech
Asking Price
$75,000
Revenue
$21,529
Down
Call/Email
Cash Flow
$1,254
Description
Seller created this business around a high-tech coating product line that is a game-changer. Customers from around the world use these coatings to extend product maintenance cycles by 5x through corrosion prevention. This product line includes nine SKUs that include surface treatment, industrial coatings, additives, and sealers.
The Seller has several other ventures and is ready to transition this business to another passionate Buyer who can take it to the next level. Ideal for an individual, a distribution company, or a strategic buyer with complimentary channels. Business name and location will be shared once a qualified Buyer prospect is vetted.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: A small warehouse is available for rent, or minimal storage space (e.g., 400 sq ft) is needed to keep inventory on hand. The supplier will drop-ship, reducing the need for a warehouse.
Competition: There are many distributors of coatings across the United States, but this distributor holds an exclusive agreement and trademarks for this industrial coating.
Growth & Expansion: The business has been established but has not been a primary focus for the owner. The Michigan market is exclusive so marketing efforts in this geography such as direct sales, online marketing through established accounts, and other traditional marketing methods would pay dividends. Utilizing the Company’s GSA and Alibaba accounts more proactively is a big opportunity. Finally, penetrating vertical markets such as oil & gas, agriculture, and manufacturing with commissioned representatives, digital marketing, and traditional marketing would lead to additional growth.
Financing: TBD if structure and terms are acceptable.
Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling: Other business interests.
Posting Information
Posting ID:
291560
Business Category:
Wholesale
Business Types:
Distributor & Wholesale Distribution
Keywords:
Lenox, macomb county, michigan, coating, distribution, distributor
Attributes:
Broker Cooperation
Financial Assistance
Owner/Seller Financing
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Coatings Distribution Company - High Tech
Posting ID
#291560
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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