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CORPORATIONS FOR SALE
THE REED GROUP, INC. |
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Painting / Commercial / Industrial / Special Coating |
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Location: Southeast |
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Preview #: 195 |
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SIC #: 1721 |
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 Download Document |
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Financial Information |
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Revenues: |
$13,807,250 |
Inventory: |
N/A |
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Cash Flow: |
$2,485,679 |
FMV/FFEV: |
$512,000 |
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Asking Price: |
Negotiable |
Accts. Rec. |
$3,725,545 |
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Down Payment: |
Negotiable |
Corp. Structure: |
“C” Corp. |
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Business Summary |
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Audited financials. Commercial, industrial, special coating, wall coverings and sheet rock finishing. Owner and founder of this thirty-five year old company has exceeded the age of 65 and simply wants to retire. Top line management is in place, some of which have over twenty years of service with the company. Located geographically in the middle of industrial, chemical, marine and commercial industries. Business could easily double revenues and profit. A few years back the company generated $7.5 million in revenue from one job and showed a taxable income of $1,188,000 on their tax return. Company is a “C” Corporation; consequently, a stock transaction would be preferred with a hold harmless agreement furnished.
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Building & Property |
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Real Estate : |
Appraised Value |
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General Information |
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Employees: |
150 |
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Reason for Selling: |
Owner to retire |
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We go to the marketplace without a price due to the structure of the transaction. Tax ramifications and real estate are considerations to be negotiated. We have a straightforward methodology without surprises and/or empty promises.
Further information will require receipt of our confidentiality agreement including financial qualifications. We will be prompt in forwarding a Confidential Business Review and answering any questions to qualified interested parties. We suggest you contact us for a conference call with the owner as soon as possible. All the numbers will be explained during a visit and verified in due diligence.
Disclaimer: This information is taken from sources provided by the owner and is not audited or warranted by TRGI. All information is subject to corrections and/or changes by the owner(s). Adjustments made to balance sheets and income statements can be verified. |
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