Business Description
This well-established commercial and industrial painting company, with over 40 years of proven performance, is a prime turnkey opportunity in the Boston/New England area. The business boasts a revenue range of $1.7M to $2.9M and a robust average cash flow of $700,000.
Key highlights include:
Strong Ongoing Contracts: Over $1 million in contracted work secured for the next three years with a publicly traded, Boston-based company.
Growth Potential: Active bidding on multiple new projects throughout New England, offering substantial opportunities for expansion and increased market presence.
Loyal Workforce: An experienced and dedicated union crew remains in place, ensuring continuity and seamless operations for the new owner.
Comprehensive Asset Package: The sale includes a complete software suite for accounting and payroll, all office furnishings, two late-model trucks, multiple spray machines, and essential painting tools and equipment.
Prime Facilities: The business operates out of a 2,000 square foot office and a 2,000 square foot warehouse with a loading dock and heated space, providing ample room for operations and storage.
Growth & Expansion:
The business offers significant growth potential through geographic expansion, service diversification, and strategic partnerships, making it an attractive investment for buyers looking to step into a reputable and profitable operation.