CoGoGo welcomes to the market MAP Powder Coating Limited, a highly rated powder coating business in Coleshill, Birmingham.
MAP Powder Coating was founded by the current owner approximately 10 years ago and has been a real labour of love accruing many regular customers along with a great reputation for service, customer care, product finishing and pricing.
The business has now come to the market due to our clients desire for a change of direction and to slow things down.
The business undertakes shot blasting, electrostatic and powder coating and fabrication of bespoke railings and gates in Coventry, Solihull, Lichfield, Tamworth, Leicester, Atherstone, Nuneaton and the surrounding areas.
The business prides itself on focusing on innovation and staying updated with the latest metal application and finishing techniques to deliver high quality and cost effective solutions to its customers in the commercial and industrial sectors.
Currently the business receives most of its work through word of mouth and referrals along with queries from the company Website and Yell. We are advised that there are currently approximately 40 active customers. The business consistently turns down work.
The sale will include the company website and social media platforms and the business enjoys great visibility online.
The business covers all types ferrous and nonferrous materials, 1 offs, small and large batches.
Key selling point -
A well established business with an enviable reputation and many existing customers
Current owner will stay on with company on an advisory capacity until new owners are capable & comfortable of taking over
2023 accounts projected to show a significant growth in both turnover and profits
Perfect bolt on to a similar business looking for a foothold in the Birmingham area
Scope for further growth -
Increase marketing/advertising campaigns
Maximise the use of social media
Invest in SEO and PPC to drive new customers to the business
Employ a sales manager/more staff to convass new accounts and carry out workload.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £654,000. Further financials can be made available upon request.
