This profitable finishing company powder coats piece parts for a variety of manufacturers across central Michigan. They also perform custom projects and maintain an electrostatic paint capability that allows them to finish built-in installations at customer sites. They serve a diverse customer base including manufacturers in material handling, automotive, outdoor products, and a range of other industries.
The family-owned business was founded in 1989 and transitioned from on-site electrostatic painting to powder coating in 2003, giving them almost twenty years of experience in the industry and a long-term customer base. The owners are willing to support and train the new buyer to ensure a successful transition.
Details:
Year Established: 1989
2021 Revenue: $613,624
2022 Forecast: $680,000
2021 SDE: $245,803
Facility: 11,900 square feet on 1.1 acres
Employees: 5 full-time plus the owners
Investment Highlights:
Growth Opportunities:
Support & Training: Owners are willing to assist the transition
Reason for Selling: Retirement