Budget-Priced Commercial Painting Business

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Asking Price:
$29,000

Gross Revenue:
$408,000
Cash Flow:
$74,062
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Established and profitable commercial painting company with dozens of general contractor contacts.

About the Business

Facilities:
This company works primarily as a subcontractor to general contractors on large commercial projects. Projects completed over the past several years have ranged from a $5,000 tenant finish to a $172,000 renovation paint job for the Cherry Creek School system. The owner receives multiple bid invitations daily and selects the projects that are a good fit.

The company is on the bid list for over three dozen general contractors and automatically receives bid invitations from those contractors for projects in their defined service area. A new owner could increase the number of opportunities by expanding the geographic are. (The current owner has been shrinking the service area in recent years because there is an abundance of work to bid in just the Denver metro area.) All jobs are run with labor supplied by fully insured subcontractors.

For sale are the company name, a professionally designed and promoted website and a high-ranking domain name. Also included are a commercial grade van with ladder racks and professional graphics. Assorted ladders, scaffold and tools are also included.

This business opportunity would make a great add-on to an established residential painting business to hedge against a downturn in that market, or it could provide a jump-start to someone wanting to get into commercial painting.

The current owner has other unrelated business opportunities he wants to pursue, so he has priced this business for quick sale.
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About the Sale

Reason For Selling:
relocation
Training/Support:
2 weeks

Listing Info

ID:
1422883
Ad Detail Views:
118

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Business Listed by

Al Fialkovich, CBI

Transworld Business Advisors - Rocky Mountain - FA100044010

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Certifications:

U.S. Census Data for Jefferson County, CO
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Jefferson County, CO
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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