Acquire a Profitable Painting Company for 5% Down
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Lender prequalified, excellent growth potential!
Excellent opportunity to purchase a well-established, branded residential and commercial paint contractor. Company has served local community for more than twenty years and is part of one of the top ranked paint franchise organizations in the country, providing a well-developed system that offers extensive training, marketing, and ongoing support. New owner will purchase an established operation that includes experienced contractors, proven sales and marketing strategies, and a solid referral business from longstanding presence and reputation.
**Seller will provide 5% Seller Financing, based on the overall terms and structure of the transaction and qualifications of the buyer. The Seller Financing option will be on full standby (no principal or interest is paid, but interest accrues) for the life of the loan to qualify as part of the buyer's down payment.
**Seller will provide 5% Seller Financing, based on the overall terms and structure of the transaction and qualifications of the buyer. The Seller Financing option will be on full standby (no principal or interest is paid, but interest accrues) for the life of the loan to qualify as part of the buyer's down payment.
About the Business
- Years in Operation
- 19
- Employees
- 2 (2 Full-time)
- Currently Relocatable
- Yes
- Franchise
- This business is an established franchise
- Facilities & Assets
- The Company operates out of an 800-900 sq ft office unit in a multi-tenant business park, less than one mile from a major interstate.
- Market Outlook / Competition
- The commercial and residential painting market is highly fragmented. The Seller estimates that no one provider has more than a 5% market share in the area.
- Opportunities for Growth
- The Seller operates the business without employees. However, a new owner could hire a sales associate to handle residential sales and focus on growing the commercial business. Revenue could also grow by offering more specialty services like epoxy coatings, expanding their capacity to paint kitchen cabinets, and adding lead remediation services.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 800
About the Sale
- Seller Motivation
- Semi-retirement. Spend more time with children.
- Transition Support
- Will train for 4 weeks @ $0 cost.
- Financing Options
- $18,750 down/$18,750 over 120 mos. @ 10.25%/Other Financing.
Listing Info
- ID
- 2369899
- Listing Views
- 699
Listing ID: 2369899 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. See our full Terms of Use. Learn how to avoid scams.
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