Established over 20 years ago, this industrial painting
company completes approximately 40 municipal and
infrastructure projects annually, including bridges, tunnels,
subway stations, and water treatment facilities. Services are
weighted toward industrial painting (70%) with additional
safety shield and platform installations (30%). Operations
span multiple states, with approximately 90% of revenue
generated in New York. The company is supported by an
experienced management team and a skilled union workforce
of 50+ laborers. The owner lives out of state and spends
approximately 15-20 hours/wk on financial oversight, and
business management. Headquartered in a 2,000-square-foot
New York City office, the business manages all
administrative, bidding, and operational functions in-house.
The offering includes $1.085 million in working capital, plus
vehicles and equipment valued at approximately $1.4 million.
Priced at $16,500,000, this opportunity represents a turnkey
operation with established systems, a loyal client base, and a
reputation for quality and reliability in industrial painting and
access solutions. The owner has offered to carry 15% of the
purchase and have committed to supporting a smooth
transition, offering a period of one to two years to facilitate
knowledge transfer and maintain business momentum.