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Listing# :
18036
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Listed Price :
$599,999
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Total Sales :
$1,375,948
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SIC :
172101
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Down Payment :
$60,999
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Status :
Active
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Discretionary Earnings :
$218,738
Business Type :
Construction / Contractor Painting
Business Description :
Here is an exceptional opportunity to acquire a thriving residential painting and drywall company that has set the standard for quality and customer satisfaction in the industry. This well-established 20+ year business, headquartered in North Texas is now listed for sale, offering a unique proposition for entrepreneurs looking to buy a stable business that produces consistent profits year over year with a proven 20+ year track record.
Key Highlights:
1. Strong financial performance:
- Consistent and healthy financial performance over the years
- Consistently over $1 million in revenue last 4 years and on pace to match or exceed this year
- Attractive opportunity for those looking for a stable and profitable business
2. Repeat customer base:
- Robust base of repeat customers that will transfer to the new owner
- Current owner will assist with this
- 25-40% of annual revenue is from repeat business and referrals any given year
3. Loyal crew of painters willing to stay onboard:
- Currently utilizing 12 painters that are willing to stay on board
- The owner has used the same 12 painters for the last 15 years
- Excellent painters with their own vehicles & necessary tools
4. The owner’s day-to-day duties are as follows:
- Answer phone & schedule appointments for bids
- Ensure all materials and paint are at job sites daily for the crews
- Visit each job site daily to ensure quality performance
- Handle all customer relations
5. Lucrative growth potential and expansion:
- Increasing online marketing efforts to target adjacent geographic areas
- Currently heavily focused in Collin County, Dallas County & Sherman County
- Hiring a sales manager to increase the ability to do more bids and ultimately win more jobs
- Focusing more marketing efforts on Commercial job opportunities (currently only 5-10% of revenue)
6. Established operation that comes with the following:
- Seasoned team of 12 subcontractors
- Established vendor relationships
- Established operational framework that can be built upon
This residential painting and drywall company is a gem in the local market, poised for continued success and growth under new ownership. Whether you are an experienced industry professional or an entrepreneur seeking a reliable and profitable venture, this opportunity should not be missed.
Don't miss out on the chance to own a reputable and well-established residential painting and drywall company that prioritizes quality, customer satisfaction, and sustainable growth.
Assets/Liabilities:
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Accounts Receivable $0
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Incl :
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Real Estate $0
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Incl :
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Inventory $0
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Incl :
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Liabilities $0
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Incl :
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FF&E $0
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Incl :
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Other: $0
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Incl :
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Leasehold $0
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Incl :
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Total Assets
$0
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Incl : No
Lender Prequalified: Yes
Similar Listing :
Construction