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Contract Painting Company For Sale

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $512131
Net Profit / Cash Flow  $126390
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Other business interests.
Description  This is a contract painting company for sale that spray paints with water based as well as solvent based paints, applies powder coatings, paints metal and plastic parts and paints parts that require EMI coatings. Included in the business are 7 spray booths, 7 ovens that can accommodate parts as large as 4 ft x 5 ft high by 8 ft long. An overhead tram is used to move parts into the cleaning and iron phosphate tanks. The tanks are 4 ft by 4 ft high by 8 ft long. There is a 6 station chromate coating process with an overhead tram in house that will process aluminum parts requiring yellow chromate as well as Rohs compliant chemical coating necessary for military work. An acetone distiller is used to reclaim the acetone for future use eliminating disposal costs. At present, the company paints parts used in mailing machines, blood analyzers, copiers, military radios, military equipment, optical lens barrels, visual testing equipment, electrical panel boxes and exterior panels for industrial framework. This company has earned its position in the trade by meeting customer due dates and surpassing quality standards set by the customer.
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