SOLD: Aerospace & Military Coatings Distributor / Manufacturer #124401
About The Opportunity
- Sold 6/17/2022
- Established in 1997, Company is a major brand distributor of paint and coating productsfor the military and commercial interior markets.
- Also manufactures specialty paint products widely used in the Navy, Marines, and Air Force.
- Revenue mix is 40% government / 30% general aviation OEM / 30% commercial.
- Owner is looking to take a step back from the day-to-day management of the business and continue in anemployment or consulting capacity to focus on growing military relationships under a new owner.
- Known for exceptional service and unmatched delivery times. Very few competitors can duplicate Company’s ability to blend and deliver in a matter of days.
- Approx. $300k FF&E, $400k Inventory included.
- Sale also includes backlog of contracts in excess of $5M.
- Operating with 8 employees out of two locations. San Diego with approx. 5000 sq. ft., and Seattle with approx. 2500 sq. ft.
- View video CIM and access NDA: goexio.com/aerospace-paint-coating-distributor
Other Important Information
As a government contractor, Company has held a blanket Government Services Administration (GSA)contract for approx. 12 years, along with their status as a vendor for the Defense Logistics Agency(DSA).
By The Numbers
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