OUR OFFICES : Nashville: (615) 376-8909 | Auburn: (404) 307-7354 | Huntsville: (256) 503-2806

Mid Tennessee Commercial Chalking/Coatings/Waterproofing Co.

Southeast United States

Asking Price: $1,390,000

Cash Flow: $523,563

Gross Revenue: $1,785,400

Business Description

This commercial waterproofing company specializes in repairing existing buildings and parking structures. Using their extensive experience and product knowledge, they work closely with property managers and building engineers to discuss, diagnose, budget for, and fix water intrusion issues on their commercial properties under management. The company has the ability to provide pricing on immediate repairs as well as CapEx budget items that the property managers then use to plan with. Currently, the company has over $5,000,000 in CapEx budget estimates out to their customers for 2023 with an expected signed contract for half. The owner has also recently invested $20,000 in a new website and CRM System.

The company’s main service offerings are:
– Replacing caulk & sealants on building facades
– Diagnosing and repairing window leaks on building facades
– Wet sealing glass curtain walls and skylights
– Applying coatings and sealers to building facades
– Replacing caulk & sealants on parking garages
– Installing vehicular traffic coatings on parking garages
– Replacing expansion joints on parking garages
– Patching and repairing damaged concrete on parking garages

The company’s main service areas are the major metropolitan cities in both Tennessee and Alabama. We see a huge potential for growth by expanding the services into Kentucky, Ohio, and the Carolinas. This could be easily accomplished by utilizing the current website and marketing strategy already in place. This company would make a great strategic acquisition for an already existing painting or waterproofing company looking to expand and grow their revenue. That being said, with the current systems and technology the company has in place it could easily be learned by someone with little to no experience in waterproofing.

This listing was added 03/23/2022

The Listing Broker