Paint Factory for Sale in Oranjestad, Aruba

- We have a strong presence with long-time clients in both the hotel industry and the commercial sectors.

- The manufacturing capacity of the unit is 5-10 gallons a month.

- Generate 60% of revenue from remodeling & renovation and 40% from the sale of paints.

- Our contracting division is steadily growing but our factory sales are stagnant.

- We hire contract-based employees as per the project size.

- Our sales have dropped due to an increase in competition.

Manufacturing and sale of decorative, maintenance, and industrial coatings. In addition, we own and operate a general contracting division engaged in renovation, restoration, and remodeling.

Tangible- 2,000 sqm building, inventory worth AWG 150k, machinery, and equipment.

Intangible- goodwill.

Own manufacturing unit is located in the center of the city on a more than 2,000 sqm facility which is well maintained on private property and is 3 minutes away from the international airport.

- 3 shareholders (2 brothers and one elderly mother) each have ownership of 33.3% of shares.

- Funded by a local bank. Current bank credit limits for operational purposes max AWG 200K.

- Long-term mortgage of AWG 190K which will be cleared before the transaction.