Residential Painting Company

Business
  • Listing# : 16046
  • Listed Price : $190,000
  • Total Sales : $516,139
  • SIC : 1721
  • Down Payment : $190,000
  • Status : Active
  • Discretionary Earnings : $127,106

Business Type :

Construction / Contractor Painting

Business Description :

Since its establishment in 2013, this small, local painting company has built a reputation for excellence and customer satisfaction.  Catering to a more upscale market, the company residential painting jobs comprise about 80% of jobs, with the remaining 20% commercial.  With about 75% of all jobs being inside, this company is able to maintain steady cashflow throughout the year.  Many of the tenured crew have been with the company for over 5 years and are extremely loyal.  The seller prides himself in taking care of his employees so that they care for the customers!  The company generally does NOT subcontract.

The seller is able to maintain a flexible work schedule and has the ability to run the business remotely when needed.  He is primarily focused on sales, quoting, and administration - he does none of the paining himself and relies on a strong GM to run the crews.

Business slowed in the early days of the pandemic, but the company was able to retain all employees and weathered the storm.  Business has returned stronger than ever and, despite a slight drop last year, 2021 is already shaping up to be the best year ever.

This is a great turnkey opportunity to own your own business with ample room for growth.  This could also be a great add-on for an existing painting or residential contracting company.  

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $51,107
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $51,107
    • Incl : Yes

Lender Prequalified: No

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Construction