UNDER CONTRACT- Profitable Painting Business

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Asking Price:
$525,000

Gross Revenue:
$1,163,617
Cash Flow:
$233,536
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$215,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Since 1992, This Painting and Drywall business has been a leading, full-service painting contractor. The owner, who has more than 30 years of experience in professional painting, was inspired by God’s Natural Beauty across Northwest Montana.“We like to be very detailed oriented” which is a tradition of excellence.
The business has been in operation for 25 years and has years of consistent sales and profits. An old fashion work ethic has enabled the business to obtain an award-winning attention to detail reputation. The owner said in addition to that, “we pride ourselves on being on time, telling you what we will do, and doing what we tell you we will do.” The owner and his team have completed several landmark projects of all shapes and sizes over the years across the region. This is a business a buyer can feel comfortable stepping into with a general manager that can run day to day operations. The owner is willing to work for the new owner in the capacity for an easy transition. With the constant growth in the Flathead Valley, the demand for painting is tremendous. Per the owner, “Lots of work is already scheduled on the books for 2019 and much more is in progress. The demand is strong.”

About the Business

Location:
Kalispell, Montana
Year Established:
1992
Number of Employees:
12
Facilities:
The business is in a great the location with a very good lease rate and would be negotiable with good terms for the new owner.
Market Outlook/
Competition:
There are many painting companies in the Flathead Valley but not many with reputation. • A longtime member of the Kalispell Chamber of Commerce • The Painting and Drywall business has received numerous honors for its services, including Building Excellence and Craftsmanship Awards from the Montana Contractors Association. • The business sale includes over $230,000 in assets and inventory. This company is reputable and large enough to bid substantial commercial jobs, which limits the competion!
Growth & Expansion:
The Flathead Valley is growing at a alarming rate. The Flathead valley is attracting people from all over the United States, which allow the new owner to have as much work as he desires.
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About the Sale

Reason For Selling:
Other Business Interest
Training/Support:
The seller is committed to a seamless transition and will thoroughly train a new owner in all aspects of the business. If the new owner desires to employ the seller as project manager of the business for a longer term, an ongoing employment agreement can be considered by both parties. The owner has other business interest but wants to help insure a smooth transition. As stated previously, there is a general manager in place.

Listing Info

ID:
1627935
Ad Detail Views:
0

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Business Listed by

Steve Santens, ABI

Montana 406 Business Brokers Inc

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