Specialty Coatings Distributor | $4M Revenue | ~$300K SDE | Gulf Coast

Founder owned specialty coatings distributor on the U.S. Gulf Coast, ~30 years operating, serving industrial and marine end markets in a defined regional territory. Highlights ~$4M annual revenue. ~$15M of product flowing through the warehouse annually under a long term manufacturer rep relationship with a major national coatings manufacturer. Two complementary revenue streams: distribution margin at 32% gross, plus a recurring monthly fee from the manufacturer for servicing their large regional accounts. High spec, high performance protective coatings only. Zero residential. End markets include shipyards, marine assets, industrial facilities, and commercial roofing. ~30 year operating history. Established as the dominant authority for the represented brand within a defined Gulf Coast territory. 9 to 10 employees, warehouse heavy. Owner is removed from field work and focused on customer relationships and BD. Clean balance sheet, no real estate (rented facility), modest equipment debt, established line of credit. Two of the manufacturer's senior regional sales reps are aging out within the next 1 to 2 years, creating a clear runway to absorb additional manufacturer paid revenue. Owner Situation Sole owner, intends to stay on through transition and beyond. Looking for a partner who can professionalize operations, support working capital growth, and capitalize on the manufacturer's aging sales force. Not in a rush. No formal sale process. Not represented by a banker. Ideal Buyer Profile Searcher or independent sponsor with industrial distribution, B2B services, or specialty chemicals/coatings background. SBA financeable size. Comfortable with working capital intensity typical of distribution businesses. Operating partner or hands on equity sponsor preferred (owner wants a real partner, not a passive investor). Comfort with seasonal revenue patterns (March through September is the prime painting season in this region). Deal Mechanics CT Strategic Partners is acting on a buy side basis with the seller. We work with one buyer at a time per deal. Standard buy side compensation expected. Email me at redacted for more infos.