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Paint Factory for Sale in Oranjestad, Aruba

For Sale: Manufacturers of paint and contractors with a strong presence of clients.

Established 40-50 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.33 million
Run Rate Sales USD 1.33 million
EBITDA Margin 10 %
Industries Paint Factories + 1 more
Locations  Oranjestad
Local Time 8:16 PM America / Aruba
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.72 million (Native Currency: AWG 3,100,000)
Reason: We want to sell the business as there is no succession in the family.
Includes physical assets worth USD 1.72 million
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Business Overview
- We have a strong presence with long-time clients in both the hotel industry and the commercial sectors.
- The manufacturing capacity of the company is a minimal 2,500 gallons a month.
- Generate 80% of revenue from general contracting division and 40% from the sale of paints and construction related materials.
- 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.
Products & Services Overview
Manufacturing and sale of decorative, maintenance, and industrial coatings. In addition, we own and operate a general contracting division engaged in new contruction building, renovation, restoration, and remodeling.
Assets Overview
Tangible- 2,000 sqm building, inventory worth AWG 500k, machinery, and equipment.
Intangible- goodwill.
Facilities Overview
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.
Capitalization Overview
- 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 300K.
- Long-term mortgage of AWG 190K which will be cleared before the transaction.
Recent Activity
  • Earlier than 15 days
    Founding Partner, New York, Investment Bank connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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