Asking Price: $485,000 Gross Revenue: $754,000Cash Flow: $150,000 (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 painting business for sale in Annapolis was established 18 years ago and owned by current owner since 2011. Solid Brand! Strong Territory Demographics!
This franchise has become the largest nationwide residential and commercial painting company with locations all over the U.S. and in Canada. They have a long and proven track record of success. The past 20 years have been dedicated to continuously improving all areas of the business.
* Recession resilient- painting has become a necessity to protect people's biggest assets (their homes and businesses)
* Very fragmented and weak competition
* Franchise has doubled in size in the past 5 years and plan to do so again in the next 5
About the Business
Number of Employees:
This franchise has become North America’s largest residential and commercial painting company. Industry is fragmented with weaker players. This franchise has a long and proven track record of success and over the past twenty years, continues to improve all areas of their business.
Growth & Expansion:
Commercial and Residential Painting is an estimated $40 billion industry. This franchise offers a business model that is highly scalable, without high overhead costs. Business can be grown by developing more commercial accounts.
Established Painting Biz for Sale in Annapolis- Solid Brand!
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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
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