Asking Price: $29,000 Gross Revenue: $408,000Cash Flow: $74,062 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Established and profitable commercial painting company with dozens of general contractor contacts.
About the Business
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.
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
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