Active
Industrial Coatings Company, Rapid Sales & Profit Growth
Industrial infrastructure related company with revenue growth of 48% from 2020 to 2022. For year-to-date 2023, revenue has grown 66% and net income increased 24%. Demand for the company’s coating services has grown due to its reputation for quality and excellence, as well as positive macro trends in the industrial and commercial segments of the economy.
The company’s services are primarily used in wastewater and water treatment facilities, schools, detention centers, tanks, and other commercial applications. The Bipartisan Infrastructure Law will provide Arkansas with approximately $2.3 billion which could be a tail wind for the company’s operations.
The current owners built the business from the ground up and are now seeking to retire. They are willing to stay on and train the buyer.
Highlights
Profitable Every Year
Consistent Growth
Excellent Track Record of Quality
Numerous Repeat Customer
Listed By: Casey Grimes (CBI)
Background information
Reference:
N174-AC
Year established:
30 Years in Business
Reason selling:
Retirement
Finance
Sales:
$1,559,422
Profits:
$452,435
Profit type:
Discretionary Earnings
Operations
Employees:
Long-term, Reliable Staff
Equipment:
FF&E: $301,508
Inventory:
$75,000 Included in Price
Premises
Facility:
Real Estate: $185,000 Included in Price
Rent and lease terms:
Property is Owned
Location:
Arkansas
Opportunities
Growth:
Many growth opportunities not utilized by current owners due to the desire to sell. New owners could grow and add additional revenue streams.
Price and terms
Price:
$2,000,000
Financing:
Available but not preferred
Training:
Yes, current owners will provide a reasonable period of transition and training to the new owner(s).