Significantly Profitable Commercial Painting Business
| Asking Price: | $1,300,000 |
| Gross Revenue: | $789,064 |
| FF&E: | $425,000 |
| Cash Flow: | $440,936 |
| Rent: | $1,500/Month |
| Established Year: | 2000 |
Strong Team in place
This business was established in 2000 to provide painting services for both residential and commercial clients.
Customers have ranged from Fortune 500 companies, to universities, medical institutions, RE developers and local residents. Most business development occurs simply from referrals and word-of-mouth, due to exceptional service.
Currently, approximately 95% of revenue is from industrial/commercial clients.
Standard Level of Working Capital Required is $60K.
The current owner is actively involved in the day-to-day operations, mainly handling the responsibilities of contracting jobs, estimating projects and customer relationship management. Two of the company's foremen oversee operations when the owner is away, given they have worked with the owner for two decades as employees.
Industry knowledge that pertains to industrial and commercial painting preferred but not required. The new owner will require exceptional business acumen.
