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Full Service Commercial & Residential Painting Company
| Asking Price: | $150,000 | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | $91,502 (comments below) | FF&E: | $33,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: from tax returns | |||
This is a full service painting company that runs like a finely tuned machine. Started in 2001, the painters are all professionals and artists at their craft. 8 F-T employees, 2 are key people, 1 having been with the Seller for 15 years, the other 7. The Seller thinks they would both like to stay with the new Owner, they are aware the business is for sale because of the Seller's health problems.
The Owner primarily supervises and oversees each job. Repeat customers are the main strength of the business (50%) with word of mouth and newspaper advertising bringing new business. A new Owner could generate more business by having a web site, getting listed with some of the referral businesses and doing more aggressive marketing. This company has a great reputation, turns out top notch work in record time. I speak from personal experience having used them several times and referred them often.
Current market value of equipment is $33K, Cash Flow is $91,502, Price is $150,000.
The Owner primarily supervises and oversees each job. Repeat customers are the main strength of the business (50%) with word of mouth and newspaper advertising bringing new business. A new Owner could generate more business by having a web site, getting listed with some of the referral businesses and doing more aggressive marketing. This company has a great reputation, turns out top notch work in record time. I speak from personal experience having used them several times and referred them often.
Current market value of equipment is $33K, Cash Flow is $91,502, Price is $150,000.
About the Business
Year Established:2001
Employees:8 full time -
Relocatable:Yes
About the Sale
Management Training and Support:2 weeks to 1 month
Reason For Selling:Poor Health
Seller Financing:Seller will consider financing for a qualified buyer.
KEYWORDS: Painting, contractor,
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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