Painting Contractor Business

San Diego, CA (San Diego County) (Relocatable)

Seller Financing Available
Painting Contractor Business

Asking Price:$155,000

Cash Flow:$45,000

Gross Revenue:$217,000





Painting Contractor Business

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Business Description

The owner has been painting for 30 years. There are 2 employees. The business serves 4 property management companies and a couple of General Contractors. They specialize in interior/exterior work for residential and commercial customers. They are proud of its high level of customer service and that over 90% of our work comes from customer referrals. They complete the job at the highest standards and on schedule. The business includes quite a bit of equipment used for painting, drywall, wallpaper and some light carpentry work for the property management clients. They are leasing a warehouse space, but the new buyer could move the business into their existing business. Great opportunity for an exsisting painting company to expand their business or for an experienced painter to have their own business. Since 90% of the business comes from referrals the owner has not been advertising as much so the new buyer could increase business. The owner has also slowed down over the last year and a half and has not been aggressive in getting new customers. The seller would consider a down payment and then the remaining amount next year. Owner is retiring and moving out of state.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Residential and Commercial Painting Contracting Business. 30 years in the painting business. Clients include property management companies, General contractors and referral clients. Relocatable. Includes all equipment needed for painting, drywall, wall paper and light carpentry.
The seller has been painting for over 30 years. He has property management and general contractors that have been with him for 20 years. The business does both residential and commercial painting, drywall and light construction.
Growth & Expansion:
Buying this business would be a great upside for an existing painting company that would like to increase its business in San Diego County. The current owner has relied on referrals and not advertising. Advertising would help increase business. One of the employees is probably one of the best painters in the business.
Yes short term
Support & Training:
Owner will stay around for a couple of weeks to introduce buyer to long term clients. Business comes with 2 employees who do the work.
Reason for Selling:
Retire Out Of State

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Rose Tausaga

Business Listed By:
Rose Tausaga

Berkshire Hathaway HS CP - Commercial

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Jim Miller

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