37215-Residential-Commercial-Industrial Painting Svs

TX

37215-Residential-Commercial-Industrial Painting Svs

Asking Price:$600,000

Cash Flow:$133,000

Gross Revenue:$493,000

EBITDA:N/A

FF&E:$75,000

Inventory:$5,000

Rate/Sq. Ft.:N/A

Established:1926

37215-Residential-Commercial-Industrial Painting Svs

Get Financing Save Print Share Valuation Report

Business Description

Incredible profit margins! This painting company is located in west Texas. They specialize in residential, commercial, and industrial painting services. Services they offer include residential and commercial interior and exterior painting, removal of popcorn ceilings, as well as staining, sealing, and finishing cabinets. This business offers state-of-the-art eco-friendly products and is fully insured. Work from general contractors averages at 25%. Yellow Pages and their company website are the only promoting they do, as their employees are working at full capacity. Ideally a larger company that can afford to bring employees in would purchase this company, as they currently have to turn work away. The current owner estimates four or more painters would be able to help this company live to its full potential.

This long-standing painting company has been in business over 20 years. The current owner has decided to retire and hopes a new owner can take this business to the next level. This owner-operated business is managed in a hands-on fashion, giving the owner full control over the quality of products and the customer service provided. Out of their total revenue, 55% comes from commercial repaints, 20% from residential repaints, 15% from new commercial painting, and 10% from new residential painting. This company offers a new owner a successful business with stable revenues. For more information on this listing, contact us today.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 13,000 square foot building is owned with an option to lease or purchase. The company utilizes 6,500 square feet to base its operations and to store paint, materials, supplies, tools, and equipment. This building includes a shop area, storage, work area and an 800 sq. ft. of office space. Zoned for light manufacturing use, it is capable of handling additional capacity.
Support & Training:
While the owners are approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
Reason for Selling:
Approaching retirement.

Listing Statistics for Premium Members

Ad#:1309008 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Buyer Division

Business Listed By:
Buyer Division

IAG

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings