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For Sale: Construction Coating Company - Central Valley

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Current Status: Active     Posting #: 252182     Last Refreshed: 9/3/19     BRE License #: 01417096/01009458    
Contact: Matt Coletta, CBB, CBI, M&AMI At 818-999-9621  -  Also Email This Contact Below
Price:  $1,299,000     Down:  Call     Adjusted Net:  $488,339     Revenue:  $3,093,923    
Attributes:  Training & Support, Relocatable, Owner Financing     Cooperation With Brokers?  Call
Central Valley Construction Coating Company Business For Sale

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  Description About This Posting: Construction Coating Company
Highly profitable, longstanding, protective coating company specializing in industrial floor coating services for manufacturing facilities. In business for nearly 20 years and located in the Central Valley, servicing customers throughout California. This niche business specializes in coating services for commercial and industrial buildings such as food manufacturing, wineries, etc. primarily to meet food safety and compliance requirements. Growth opportunities exist in other industries including the pharmaceutical industry, clean rooms, hospitals plus other including the fast-growing Cannabis industry which will most likely be regulated similar to food production facilities. As per a report by Global Market Insights, Inc., industrial floor coatings market was pegged at $3.5 billion in 2016 and is anticipated to generate revenue over $6 billion by 2024. This is driven by many reasons that the seller will discuss.

Company has an excellent reputation, with many repeat customers. This niche market contractor provides quality installations utilizing the best quality materials. Services include shot blasting, floor coatings, seamless wall systems, expansion control joints, drain installations, cove base installation and slope to drain floors. Specialization primarily in food and beverage processing facilities but could easily expand into other industries. All work is done with an exceptional commitment to excellence and customer satisfaction. Long -term, loyal and highly trained employees in place and organized into three crews with foreman who have vast industry knowledge and experience. Long-term Management in place. An impressive list of customers throughout California. Repeat business is virtually guaranteed as customers typically resurface their facilities every five years and the company's reputation drives repeat contracts. 2019 year to date revenue is trending up and the company already has several large projects on the books. As per the seller, 2019 is looking to be a strong year.

Excellent books and records and tax returns with minimum 'add-backs'. Highly improved facility in prime location with a large office area and yard. Seller may consider selling the real estate or provide a long-term lease. The purchase price includes a long list of assets and equipment including several commercial trucks. The sellers who are looking to retire will provide ample training at no additional cost and may consider staying on for up to one year as an employee or consultant at a rate to be negotiated. This business has been qualified for SBA finance for a licensed, qualified buyer or seller may consider seller finance for a qualified buyer with a significant down payment. Please note that this business requires a C-33 and a D6 Contractors license. The buyer should have these licenses or be able to discuss how they will obtain them. This is a unique opportunity to purchase a well-respected company with an excellent reputation in the industry with long term management and employees in place with room to grow.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply or contact seller button on this website to receive a confidentiality agreement and learn more about this opportunity.

To get more information about this Construction Coating Company business for sale in Central Valley please phone Matt Coletta, CBB, CBI, M&AMI (Broker - BRE License #:01417096/01009458) at 818-999-9621 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #252182 on BizBen.com. In addition to phoning Matt Coletta, CBB, CBI, M&AMI, make sure you email Matt Coletta, CBB, CBI, M&AMI above to get more info about this Construction Coating Company, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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  Helpful Resources To Assist In Selling And Buying California Businesses

Joe Sandbank, Esq: Legal Services For Buyers, Sellers, Brokers - Throughout California

I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process. Please phone 916-672-8018 for more info.

Elizabeth McGovern: Escrow Services - San Francisco Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services - California

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence Services - California

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.


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