Non-Disclosure & Confidentiality Agreement Link
Location: Western Illinois
Established: 1991
Background
An established and well-respected Commercial Vehicle & Industrial Equipment Paint Refinishing company that has operated successfully for decades and is recognized for its reliable service, long-term customer relationships, and experienced workforce.
The Company serves a diversified base of commercial, industrial, and institutional clients, generating consistent recurring revenue with minimal customer concentration. Operations are supported by a skilled ownership team and long-tenured employees, allowing for a smooth ownership transition.
Minimum Business Asking Price: $450,000
- Includes $5K-10K in inventory
- Includes $230K in FF&E
**Financial Highlights:
- $660K annual sales
- $148K annual adjusted EBITDA
- $218K annual SDE
Seller's Estimated Property Value*: $500K
- *Not included in asking price.
- Approx. 10,000 sq. ft. office, shop, and storage on 1.9 acres.
Products & Services
Primary Services:
- Industrial vehicle equipment sandblasting & refinishing painting
- Body and part repairs on semi trucks/trailers and industrial vehicles
- Complete detailing on semi trucks/trailers and industrial vehicles
Secondary Services:
- Intrastate trucking (non-hazmat)
- Vehicle-related support services
- Commercial trailer wrapping
Investment Highlights
- Long-standing operating history with a strong regional reputation
- Stable revenues supported by repeat and contract-based customers
- Diverse client mix across multiple industries
- Scalable operations with opportunities for growth and expansion
- Ideal for strategic buyers or owner-operators seeking a turnkey acquisition
- Seller is willing to support a transition period
Growth Opportunities
- Expand services within the existing customer base and introduce complementary offerings
- Grow recurring and contract-based revenue streams
- Expand geographically into adjacent Midwest markets
- Improve margins through operational efficiencies and enhanced sales efforts
The business is positioned for continued success and presents an excellent opportunity for a buyer seeking an established platform with dependable cash flow.
Reason for Selling:
- Retirement
Next Steps
Qualified buyers who complete the NDA form linked below will be provided detailed information about the opportunity via a Confidential Information Memorandum (CIM) 1.0, including:
- 2022-2025 Financials; Balance Sheets, P&L Statements, and Tax Returns
- **2022-2025 Recasting for EBITDA and SDE
- Location Information
- Location Photos
- Social Media Presence
- Next Steps
Non-Disclosure & Confidentiality Agreement Link
The Seller is advised by Marigold Resources in Davenport, Iowa.
Please contact Marigold Resources at (563) 424-5707
Chris Barnard - Managing Partner cbarnard@marigoldresources.com
Todd McGreevy - Managing Partner todd@marigoldresources.com