High-Tech Coatings Distribution Company With GSA

Business Overview:

This turn-key business is poised for rapid growth. The right buyer will acquire all the tools, certifications, and connections for a solid base from which to take this business to a highly profitable level. Not only does the business have an exclusive agreement for the Michigan market, but it also has customers and market opportunities around the world. With a website, several social media accounts, industry listing sites, a customer list of about 200 customers, and a GSA account, this business is ready for the acquirer to expand into oil and gas, marine, and several other industrial markets.

Seller created this business around a high-tech coating product line that is a game-changer. Customers from around the world use these coatings to extend product maintenance cycles by 5x through corrosion prevention. This product line includes nine SKUs that include surface treatment, industrial coatings, additives, and sealers.

The Seller has several other ventures and is ready to transition this business to another passionate Buyer who can take it to the next level. Ideal for an individual, a distribution company, or a strategic buyer with complimentary channels. Business name and location will be shared once a qualified Buyer prospect is vetted.

NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Property Features and Assets:

A small warehouse is available for rent, or minimal storage space (e.g., 400 sq ft) is needed to keep inventory on hand. The supplier will drop-ship, reducing the need for a warehouse.

Market Competition and Expansion:

Competition: There are many distributors of coatings across the United States, but this distributor holds an exclusive agreement and trademarks for this industrial coating.

Growth & Expansion: The business has been established but has not been a primary focus for the owner. The Michigan market is exclusive so marketing efforts in this geography such as direct sales, online marketing through established accounts, and other traditional marketing methods would pay dividends. Utilizing the Company’s GSA and Alibaba accounts more proactively is a big opportunity. Finally, penetrating vertical markets such as oil & gas, agriculture, and manufacturing with commissioned representatives, digital marketing, and traditional marketing would lead to additional growth.

Reason for Selling:

Additional Details:

Documents:

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