UNDER CONTRACT – Leading Denver Industrial Powder Coating Firm

Price: $2,670,000

Location: Denver, CO

Industry: Metal Product Powder Coating & Allied Services to Manufacturers

Listing ID: 341765

Listing Description

14,000 s.f. “Green” Building & Business Both for Sale!

This business is a well-established commercial and industrial powder coating job shop, with an environmentally “green” building owned by the current business owner and also for sale.

Powder coating is a dry finishing process that represents over 15% of the total United States industrial finishing market. It is a both a functionally protective and decorative coating, available in almost limitless colors and textures. Powder coating is a high-quality finish, more resistant to impact, moisture, chemicals, and extreme weather conditions.

The company’s key markets and applications are in the construction, architectural, automotive transportation, electrical, and general metal industries. This business employs a rack process to powder coat heavier and longer products such as metal fences, metal gates, awning frames, as well as large diameter tubes and pipes, electrical boxes, radiators, toolboxes, and automobile and truck chassis.

This is an ideal opportunity for an investment-minded, entrepreneurial or strategic buyer. Founded 20 years ago, the company has a stable base of experienced employees, is well-known in the industry for its high-quality work, timeliness and expert handling of heavier objects, and has a loyal base of repeat customers.

It also has plenty of excess production capacity. The building has 11,000 sq. ft. of 25 ft. high clear-span manufacturing space with about 3,500 sq. ft. of offices and storage. The building’s “green” feature is that it has a “no discharge” water recycling process that saves the company money and minimizes some types of production-interrupting environmental tests by state and local officials.

At this juncture, a new owner will have plenty of room and time to make decisions going forward, and to realize and build their own dream in this unique business, property and location.

Contact us, register with us, sign our NDA and receive our confidential Offering Summary on this extraordinary one-of-a-kind opportunity!

Listing Details

Total Sales: $992,500

Cash Flow: $397,500

FFE: $100,000 (Included in Price)

(Included in Price)

Real Estate: $1,770,000 (Included in Price)

Reason For Sale:

Owner is retiring

Training & Support:

Seller will be available to train and assist new owner as needed. Owner will certainly explain the gross and the granular processes involved in powder coating. Particular nuances of coating and the handling of particular metals will be presented. Specific customer requirements and needs will be explained.

Operation

Year Established: 2000

Location

Facilities Information:

The 14,455 sq. ft. industrial and office building is a free-standing facility with parking right off an Interstate Exit. The building, originally built in 1984 has 11,000 sq. ft. of 25 ft. high clear-span space and about 3,500 sq, ft. of offices.

Summary

Potential Growth:

While there are over 20 powder coating shops in the Denver Metro area, few if any have the clear span and ceiling height enjoyed by this business. This open shop space accentuates and facilitates this company’s advantage in handling and coating the larger and heavier parts presented from the construction industry. The 30’ x 12’ x 12’ spray booth and 30’ x 10’ x 10’ oven readily accepts and handles the larger 3-dimensional awning frames.

The business has been stable and steady and for years. It is ready for a new owner. The seller has built a great platform for the success of a new owner. Denver market is a metropolitan economy, bolstered by fundamentals such as steady population and job growth, above-average GDP growth, and the intangible quality of life factors that attract new talent and companies. There is considerable opportunity in the new town home, residential, and commercial building markets.



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