UNDER LOI - Successful Painting Contractor - West Michigan Area
Michigan
Sale Pending
| Asking Price: | $800,000 |
| Gross Revenue: | $1,866,913 |
| Cash Flow: | $193,365 |
| Established Year: | 2008 |
Listing ID: 2171370Listing provided by BizBuySell
BUSINESS DESCRIPTION
UNDER LOI - This is an exciting opportunity to acquire a well-rooted business with proven profitability and a fifteen-year reputation in the community. The company has established itself as a well-known brand in the West Michigan construction industry. As a respected business with a robust list of past clients and solid relationships in the area, this is an opportunity to buy an already thriving business and take it to the next level.
Services include residential and commercial painting (interior and exterior) — new construction, remodels, and repaints. In the residential realm, lots of business with refinishing of kitchen cabinets.
DETAILED INFORMATION
Location
Michigan
Inventory
Included in asking price
Real Estate
Owned
Building SF
4,500
Employees
26
Facilities
-Located on busy corner with lots of traffic
-Good building signage
-Good warehouse space
-Industrial spray booth
Competition
-The industry is competitive.
-Franchise and individual firms.
Growth & Expansion
-Significant new home builds in service area
-Good commercial relationships to continue to build with
-Continue to build kitchen cabinet refinishing business
Support & Training
-Owner will provide support and training to create a smooth transition with employees, clients, and vendors
-Several internal systems in place with ample documentation
Reason for Selling
-Seller moving into full time pastoral ministry
Report an Issue with this listing
