This high-margin and niche opportunity is an industrial coating application company specializing in vapor intrusion mitigation, industrial painting, epoxy flooring, polyurea spray coating, and brownfield applications. The Company services industrial, chemical, and brownfield development customers.
With a high-profile customer base (including Fortune 500 companies) and robust referral network, the Company has maintained consistent financial performance with cash flow margins hovering around ~20.0% annually. Ownership is confident that the Company’s market share is impenetrable due to high barriers of entry, including expensive training, skilled employee base, and long-standing key manufacturer relationships (capturing 90%+ installations and jobs respectively for the key manufacturers).
The Owner is currently active in daily operations but wants to transition from the Company to pursue retirement and spend more time with family. Ownership is willing to assist in the transition for up to two years. The Company works out of a 10,000 square foot, well-maintained facility owned by a related entity.