Profitable Painting Business In SLC
Business Description
Established painting business operating in the Salt Lake City market since 2024, specializing in the luxury painting segment with exceptional profitability. This home-based operation generates $215,000 in annual revenue with outstanding cash flow of $95,972, representing a remarkable 45% profit margin that significantly exceeds typical industry standards.
Business Model & Operations:
The company operates on an efficient subcontractor model, minimizing overhead while maximizing profitability. As a home-based business, operational costs remain low while maintaining flexibility and scalability. The current owner operates as an absentee owner, demonstrating the business's ability to function with minimal direct involvement.
Market Position:
Positioned in the luxury painting space with minimal direct competition, the business has carved out a profitable niche in the Salt Lake County market. The focus on high-end services allows for premium pricing and superior margins compared to standard residential painting operations.
Financial Performance:
With $95,972 in seller's discretionary earnings on $215,000 revenue, this business demonstrates exceptional financial efficiency. The 40% profitability margin reflects strong pricing power and effective cost management in the luxury market segment.
Growth Potential:
Significant expansion opportunities exist in this untapped market. The established systems and subcontractor network provide a scalable foundation for growth. West Jordan's growing population and strong economy in Salt Lake County present continued opportunities for market expansion.
Owner Support:
Seller provides two weeks of paid training and support to ensure smooth transition. Seller financing available to qualified buyers.
Reason for Sale:
Owner expanding operations to Florida and Colorado markets, creating opportunity for dedicated local ownership.
This turnkey operation offers an immediate entry into a profitable, established business with proven systems and significant growth potential in Utah's thriving construction market.
Business Model & Operations:
The company operates on an efficient subcontractor model, minimizing overhead while maximizing profitability. As a home-based business, operational costs remain low while maintaining flexibility and scalability. The current owner operates as an absentee owner, demonstrating the business's ability to function with minimal direct involvement.
Market Position:
Positioned in the luxury painting space with minimal direct competition, the business has carved out a profitable niche in the Salt Lake County market. The focus on high-end services allows for premium pricing and superior margins compared to standard residential painting operations.
Financial Performance:
With $95,972 in seller's discretionary earnings on $215,000 revenue, this business demonstrates exceptional financial efficiency. The 40% profitability margin reflects strong pricing power and effective cost management in the luxury market segment.
Growth Potential:
Significant expansion opportunities exist in this untapped market. The established systems and subcontractor network provide a scalable foundation for growth. West Jordan's growing population and strong economy in Salt Lake County present continued opportunities for market expansion.
Owner Support:
Seller provides two weeks of paid training and support to ensure smooth transition. Seller financing available to qualified buyers.
Reason for Sale:
Owner expanding operations to Florida and Colorado markets, creating opportunity for dedicated local ownership.
This turnkey operation offers an immediate entry into a profitable, established business with proven systems and significant growth potential in Utah's thriving construction market.
About the Business
- Years in Operation
- 2
- Employees
- 2 Contractors
- Currently Home Based
- Yes
- Facilities & Assets
- Home Based
- Market Outlook / Competition
- Very little in the luxury painting space.
- Opportunities for Growth
- Wide Open...untapped potential.
About the Sale
- Seller Motivation
- Other locations in Florida and Colorado
- Transition Support
- Two weeks of paid support and training.
Listing Info
- ID
- 2503719
- Listing Views
- 49
Business Location
Listing ID: 2503719 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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