Premium painting for sale by owner
Exclusive and distinct custom projects a unique opportunity to acquire a high end niche painting company . The company is positioned to grow substantially with new ownership, motivation and fresh financing or simply be enjoyed as a solid source of revenue and maintain its current market.
About the Business
Number of Employees:
Building Sq. Ft.:
$1.10 Per Month
3100 sf shop, waterborne finishing setup, 5 vehicle fleet, management app, 2 offices, showroom, delivery bays, 3 spray areas, sample room, sprayers, tools and all the needs, small wood shop
The market in the denver metro area has been on a upward growth climb. only a few contractors offering competition at present "After putting in a stronger than expected performance this year, Colorado’s economy will continue to plow ahead in 2019...The current expansion is on track to track to become the longest in U.S. history. denver post
Growth & Expansion:
2018 was the best year gross for company the company has been on 3 year growth cycles. The contracts currently under negotiation along with the movement to the area, investment strength and stability specifically of the high end market is substantial. This company along with the correct new owner management skill set and investment could easily gross 1-2 million each of the next 3 to 5 years.
Asking Price: $290,000 Gross Revenue: $858,000Cash Flow: $120,000EBITDA: $110,000Inventory: $10,000 included in asking priceFF&E: $120,000 included in asking priceShare 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.
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 & Conditions.