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Las Vegas

  • Listing No.: 101-20217

  • Category: Commercial, Construction, Manufacturing

Asking Price $535,000
Down Payment $481,500
Gross Revenue $685,214
Total Adjusted Net Income $166,503
Equipment / Fixtures $108,100
Year Established 1984
General Location Las Vegas
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This turn-key powder coating business has an ABSENTEE owner, clean financials, and has been in business since 1984.  The current owner purchased the business in 2007 and has streamlined its operations for it to run without his daily involvement.  The company has a well established customer base and multiple opportunities for a new buyer to increase revenues.  Sale comes with all of the company's tools and equipment to continue operations.  Serious seller who has prepared his business for sale with the help of a tax professional.  He has all of the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. 

Gross Revenue $685,214 Listed Price $535,000
Total Income $166,503 Down Payment $481,500
Base Rent $4,174 Square Feet 6475
Total Rent $5,417 Lease Expiration 06/2022
Rent Deposit $9,454 Lease Options 1/3
Inventory $25,254 Leasehold Improvements $80,000
Equipment / Fixtures $108,100 Other Assets
Full-Time Employees 7 Training Period 30 Days
Part-Time Employees 4 Special License Required
Contract Staff Reason for Selling Seller is moving out of state

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.