Residential Paint and Restoration - REDUCED

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Asking Price:
$199,000

Gross Revenue:
$525,000
Cash Flow:
$125,686
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$5,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

The business is a full-service interior/exterior painting, restoration, and maintenance business located in the East Bay. The company specializes in vintage residential restorations, brushing enamel projects, and epoxy wood restorations as well as concrete paint and restoration services. Managed out of a home office, the seller has preferred to keep the business on the smaller side and focus strictly on residential customers. Most of the company's clients reside in the Tri-Valley area and as far north as the Berkeley Hills area of the East Bay.

About the Business

Location:
Contra Costa County, California
Year Established:
1985
Number of Employees:
5 FT
Facilities:
This is a home-based business, the seller manages the operations via a home office located in Orinda, CA.
Market Outlook/
Competition:
Local competitors do not provide the same level of expertise nor quality of materials and products as this company does. Most competitors (business owners) do not personally perform final inspections on all of their team’s projects. The seller of this company makes sure to personally meet with the his client's and inspects every job upon completion to ensure nothing has been missed. As a result he enjoys a long list of repeat customers and referrals.
Growth & Expansion:
The owner has not been doing any direct or online marketing, other than maintaining a website. In his desire to keep the business at a manageable size, he has found his long-term clients (some over 20+ years) along with referrals have kept them steadily busy. A new owner could expand the territory by way of advertising.
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About the Sale

Reason For Selling:
Retirement, moving out of the area
Training/Support:
Sell will provide reasonable training (2-4 weeks), along with 6-months phone consultations not to exceed 5 hours per month.

Listing Info

ID:
1612573
Ad Detail Views:
0

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Business Listed by

Ronald (Ron) C. Johnson, M&AMI, CBI, CBB

Business Sales, Mergers & Acquisitions, and Valuations
License# 01100230

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Certifications:
U.S. Census Data for Contra Costa County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Contra Costa County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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