30 Year Old, Turn Key Painting Business $300k+ Cashflow

Delaware County, OH

Seller Financing Available

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Asking Price:$1,200,000
Gross Revenue:$2,000,000
EBITDA:$300,000
Established Year:1997
Cash Flow:$300,000
Rent:$2,500/Month
FF&E:$300,000
BUSINESS DESCRIPTION

30 year old painting business. Residential and commercial repeat customers that help tremendously during economic downturn. The company also has a substantial holiday light business for the winter time that has significant room for growth. Leased office space, 5 vehicles, and massive holiday lights inventory are part of the scope of transaction. Reach out for more details


DETAILED INFORMATION
Location
Delaware County, OH
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,500
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
5 Vehicles, $200k of holiday light inventory, multiple sprayers, ladders,
Competition
Top 3 painting businesses in market
Growth & Expansion
Significant growth opportunities in the HOA, new developer, and medical space, as well as the holiday light space (can 3x within 12 months)
Support & Training
Current owner will provide 2 months of transitional support.
Reason for Selling
Relocating
Franchise
This business is an established franchise
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Waris Wakil
Waris Wakil