A highly reputable commercial and HOA painting contractor in Southern California with $2,118,178 in Sales and $311,749 in Discretionary Earnings for 2025 is offered at $950,000 + Accounts Receivable. The business has been reviewed for SBA financing, with an estimated down payment of $118,560.
Established in 1996, the company specializes in large-scale exterior repaints for homeowner associations, apartment communities, condominium communities, and commercial retail centers throughout Ventura County and Los Angeles County. Painting and carpentry are self-performed by the company's own employee crews. Work is recurring and relationship-driven: associations repaint on multi-year cycles, and boards and property management companies return to contractors they trust. The company has reached its current size with no salesperson, growing entirely through reputation and referral.
The company holds both a C-33 Painting and a B General Building license, so the dry rot and termite damage routinely uncovered during an exterior repaint is repaired in-house rather than handed off to another contractor. It also has an established deck recoating, waterproofing, and balcony (exterior elevated element) repair practice, positioning it in the recurring inspection-and-repair market created by California's balcony legislation for condominium and apartment buildings.
Business Highlights
• Asking Price: $950,000 + Accounts Receivable
• 2025 Sales: $2,118,178
• 2025 Discretionary Earnings: $311,749
• 2026 Projected: $2,289,646 Sales / $355,538 DE (annualized from four months' actuals)
• Gross margin improved from 27–28% (2022–2024) to 31% in 2025 and 37% year-to-date 2026
• SBA Down Payment: approximately $118,560
• 94.6% of 2025 sales from community association clients
• Approximately 40 client relationships in 2025; property management companies are a key referral channel
• 20 employees; ten with 8+ years of tenure and four with 20+ years
• Equipment and vehicles included (estimated value $154,626)
• Four weeks of full-time training by the Seller
Services
• Large-scale exterior repainting for HOA and community associations
• Apartment community repainting
• Commercial retail center and business complex painting
• Carpentry and wood replacement (dry rot and termite damage)
• Deck recoating and waterproofing, including full tear-outs
• Balcony and walkway (exterior elevated element) repair and recoating
• Steel fence, gate, and railing work
Staff
Total Employees: 20, including:
• 1 Project Manager
• 2 Field Supervisors (one also serves as full-time estimator)
• 5 Foremen
• 4 Carpenters / Carpenter-Painters
• 5 Painters
• 1 Equipment Manager
• 2 Administrative staff
Day-to-day field operations are run by the Project Manager, Field Supervisors, and Foremen, several of whom have more than 20 years with the company.
Growth Opportunities
• Add a dedicated business development/sales role (the company has never had one)
• Consistent email marketing and an active Google Ads campaign (advertising currently under 1% of sales)
• Expand further into Los Angeles County and Santa Barbara County
• Add adjacent services: residential painting, tenant improvements, drywall repair, concrete floor coatings, sport court coatings, roof coatings, fire-retardant coatings and parking lot striping
Buyer Skills and Requirements
The current owner leads the business, reviews and finalizes every bid, and maintains relationships with association boards and property managers. This is not a passive owner business.
The owner is the qualifier for the company's C-33 Painting and B General Building contractor's license. A buyer must have construction experience and be qualified to obtain the C-33 license (B General Building preferred) and serve as the new RMO.
SBA guidelines:
• The Seller cannot remain as the RMO/RME post-closing.
• The RMO/RME must be a buyer with equity, listed on the purchase agreement, and a signer on the loan.
• SBA lenders cannot approve an employee to act as RME.