Business For Sale. Powder Coating Service

Great Opportunity to acquire a powder coating business with custom designed equipment and processes producing the best in quality coatings.This successful powder coating business has been owned by the founder for over 20 years. The business specializes in quick turnaround, short to medium run quantities for parts requiring high level quality coatings. They can design custom processes for satisfying customer needs for their specific performance objectives on each part based on its unique application. The process includes custom designed pre treatment and cleaning systems to ensure clean surfaces for powder application. Various types of surface finish can be achieved by customizing the application and curing of powder. The owner is flexible on providing consulting services to a new owner over an extended period of time.The current operation is at a level less than one shift per day. This has been caused by family personal issues impacting available time to devote to the operation of the business. A new owner has significant growth opportunity by supplying more energetic operational effort and expanding the sales and marketing activity. In addition to adding shifts capacity can be increased by adding more parts per T-bar on the conveyor system. Over the history of this business the sales have come from word of mouth with very little marketing effort. A new owner can implement an aggressive sales 26; marketing campaign backed up by the quality processes and equipment (see detailed list) developed by the founder and current owner. The seller estimates the sales can be increased by 2 to 3 times current levels with the existing equipment and processes.Industry trade associations project growth of the powder coating market at 4-7%; a year over the next 5 years. The largest segments include appliances 96; 15%;, automotive 96; 15%;, lawn 26; garden 96; 10%; and architectural 96; 10%;. The other half is represented by general metal finishing industries. Growth for emerging markets includes architectural and non metal applications.The owner of this business is open to various structures for a sales transaction. This can include various combinations of cash down payment, seller note, earn out note and consulting agreement.Contact Mike Dunkle, 310.539.8300 x232 for more information.