Mass Production Painting Co. Specializing in New Con. of Res. Building
Business Description
Description:
The Company is a mass production painting contractor that specializes in new construction of residential buildings, such as apartments, townhomes, and single-family homes. The Company works directly as a trade subcontractor for builders and general contractors for new construction contracts throughout the Northeast, US. The Company offers interior & exterior painting services, as well as project estimates, though management notes that the majority of revenue (approximately 90%+) is derived from interior painting services.
Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 13.0% and 57.7%, respectively, from 2021 to 2024.
• Gross profit margins averaged 25.9% from 2021 to 2024, increasing at a CAGR of 14.0% during that same period.
• Backlog of $20.8 million as of May 31, 2025, all of which is expected to be collected within the next 18 to 24 months, according to management.
• Management notes that approximately 95% of annual revenue is derived from either repeat clients or referrals, with approximately 70% of revenue derived from repeat clients.
• In operation for more than 10 years, with a team of versatile, highly-trained professionals focused on delivering high-quality results to clients.
Opportunities:
• Obtain maintenance contracts with clients to develop various streams of recurring revenue.
• Focus on increasing the Company's advertising budget and create a strategic campaign to reach new clients throughout the Northeast, US.
• Capitalize on the $20.8 million of backlog the Company has in open projects.
• Expand geographically into other states throughout the Northeast, US.
Headquartered:
• Northeast, US
Current Markets:
• The Company provides services to residential construction industry throughout the Northeast, US, with a focus on new construction of residential apartments, townhomes, and single family homes.
Real Estate:
• The Company operates from a 5,000 sq. ft. facility, which is leased to the Company by an affiliated entity.
• Management is open to entering into a long-term lease with
new ownership.
Shareholder Ownership:
• The Company is equally owned by two shareholders, one of whom is not active in the Company.
• The active shareholder wants to begin planning for retirement and is open to remaining with the Company for a predetermined period of time to facilitate a smooth transition to new ownership.
The Company is a mass production painting contractor that specializes in new construction of residential buildings, such as apartments, townhomes, and single-family homes. The Company works directly as a trade subcontractor for builders and general contractors for new construction contracts throughout the Northeast, US. The Company offers interior & exterior painting services, as well as project estimates, though management notes that the majority of revenue (approximately 90%+) is derived from interior painting services.
Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 13.0% and 57.7%, respectively, from 2021 to 2024.
• Gross profit margins averaged 25.9% from 2021 to 2024, increasing at a CAGR of 14.0% during that same period.
• Backlog of $20.8 million as of May 31, 2025, all of which is expected to be collected within the next 18 to 24 months, according to management.
• Management notes that approximately 95% of annual revenue is derived from either repeat clients or referrals, with approximately 70% of revenue derived from repeat clients.
• In operation for more than 10 years, with a team of versatile, highly-trained professionals focused on delivering high-quality results to clients.
Opportunities:
• Obtain maintenance contracts with clients to develop various streams of recurring revenue.
• Focus on increasing the Company's advertising budget and create a strategic campaign to reach new clients throughout the Northeast, US.
• Capitalize on the $20.8 million of backlog the Company has in open projects.
• Expand geographically into other states throughout the Northeast, US.
Headquartered:
• Northeast, US
Current Markets:
• The Company provides services to residential construction industry throughout the Northeast, US, with a focus on new construction of residential apartments, townhomes, and single family homes.
Real Estate:
• The Company operates from a 5,000 sq. ft. facility, which is leased to the Company by an affiliated entity.
• Management is open to entering into a long-term lease with
new ownership.
Shareholder Ownership:
• The Company is equally owned by two shareholders, one of whom is not active in the Company.
• The active shareholder wants to begin planning for retirement and is open to remaining with the Company for a predetermined period of time to facilitate a smooth transition to new ownership.
Listing Info
- ID
- 2394259
- Listing Views
- 53
Attached DocumentsAttachment Disclaimer
Listing ID: 2394259 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 full Terms of Use. Learn how to avoid scams.
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