Powder Coating Plant Investment Opportunity in Calgary, Canada

- Company manufactures and distributes powder coating for the Western Canadian powder coatings market with high-value custom products designed specifically for customer applications.

- We started as a distributor for a large US corporation and started manufacturing powder coating products under our own brand.

- Our production facility has a 500,000-kilo yearly capacity, we have a 60% capacity utilization.

- Apart from manufacturing and distribution, we also have a tolling agreement with Axalta Coatings Systems USA which currently generates 50% of our revenue.

- Have direct to customer business model and we supply to over 250 coating applicators in Western Canada.

- Our products are mostly focused on the architectural and ace (agricultural, construction, and earth moving) sectors.

- Promoter and management team has over 20 years of experience in the powder coating industry.

- Our revenue has decreased since last year due to the impact of the pandemic. However, the business is recovering and we are expected to close a tolling deal for the second batch of orders from Axalta Coating Systems.

- Powder coating manufacturing and distribution.

- Tolling for US customers.

- Production equipment.

- Lab equipment.

- Office equipment.

- Leasehold Improvement.

- Inventory Assets.

- Office equipment and furniture.

Leased space of 12,060 sq ft with lab, production, warehouse, and office. Have a 5-year lease agreement with 2 1/2 years remaining.