Painting Business TBH600
Asking Price: | $370,000 |
Gross Revenue: | $656,100 |
Established Year: | 1992 |
Cash Flow: | $150,400 |
FF&E: | $20,000 |
Established in 1992, this opportunity is a professional full-service painting company experienced in interior and exterior painting, deck repair and stain, fence stain etc.; additionally, the company provides pressure washing and any carpentry work repairs needed to perform painting or staining.
Approximately 60% of revenue is exterior painting. All exterior painting is prepped with pressure washing and caulking and wood repair when needed. Interior painting is approximately 35% of revenue, with 5% all other services.
The company serves the counties of Gwinnett, North Fulton, Hall, Forsyth, Dekalb, Barrow, Jackson, and Clarke.
The administrative portion of the business is operated from the owner’s home. The owner manages the day-to-day operations of the company. The owner’s wife accomplishes accounting and is the color consultant for the business. The business uses a number of subcontractor crews depending on the job size. The owner does not work jobs. All jobs are subcontract labor.
KEY COMPANY HIGHLIGHTS:
• Strong industry tenure & known for great customer service
• Established industry standards and have over 30 years of experience
• The business works closely with homeowners, architects, designers, and developers, has great relationships with vendors to provide customers with the best available products and services
• Develop a targeted marketing program
• Hire a Sales Representative
REASON FOR SALE: The Seller wishes to retire.