Well-Established Metal Plating Business in Texas! (37497)

Owner financing of both the business and the property possible with sufficient down! The Company specializes in providing zinc and black oxide electroplating and passivation of steel parts for commercial, industrial and military applications. The Company’s primary service is zinc electroplating. The Company operates from an 8,000-square foot facility, which it owns. The owner will self-finance the property so you would be grandfathered in. The facility includes areas for production, waste management equipment, and office space. Offering these services requires a facility, state-of-the-art equipment and five (5) employees with industry experience. The Company has a proven track record supported by 60+ years of ongoing business. With its niche range of services, the Company’s marketing efforts focus on targeting commercial and industrial companies in northeast Texas. Revenues have been trendy slightly higher over the past two years due to an improving economy. In 2019 the Company’s total revenue was $695,719, with Seller’s Discretionary Earnings of $298,380. 2020 with covid reduced revenue to just under $600,000 and 2021 is coming back strongly. There is lots of pent-up demand. The seller has well-trained employees who will remain and has a manager in training for buyers looking for management in the future. This is a motivated seller and an excellent opportunity. The passivation of steel parts has not been promoted and could add 100% more to revenue in a very profitable way. There are many opportunities to scale this business as the owner has not done anything extra to promote the business which had a very satisfactory profit as it operated. This business is in a major metropolitan area with great growth opportunities. The process is proprietary and very profitable and the quality is unsurpassed. Don’t miss this possibility! Location: Texas Year Established: 1961 Number of Employees: 5 nonunion max. Real Estate: Owned Building Sq. Ft.: 8,000 Facilities: Property may be financed under the right circumstance. Business opened in 1961; acquired in 1980.