Construction - Special Trades | Services - Other Business Services

Asking Price	$135,000	Inventory
Gross Income	$270,000	Real Estate
Cash Flow	$64,000	Year Established	1999
FF&E	15,000*	Employees	6

* included in the asking price

** not included in the asking price

Well established residential and commercial interior and exterior painting contractor organized in 1999 by the current owner as a Michigan Corporation with continuous operation. The business has operated continuously since 1999 serving multiple residential and commercial clients. In recent years the business has grown based on referrals from prior clients. The client base includes several well known area building contractors, their building clients, both past and current, and customers referred by those clients based on the quality and cost effectiveness of the service provided. These referral relationships alone have been responsible for year over year revenue growth in excess of 30% for the past two years with current year revenue to date on track to continue that growth. While that service is closely supervised by the owner, the execution is in the hands of several independent contractors found to be dependable by the owner and work as his primary crew. The business has been operated from a rented facility in past years, but the owner has sizeable heated storage capacity at his residence and finds it just as convenient to operate as a home based business.

Competition: The business is currently operated and advertised on word-of-mouth referral basis. Proactive marketing and sales activity will bring rewards.

Financing: Seller prefers cash at closing, small short-term note possible

Support/Training: Owner willing to remain for reasonable period to provide for good business and referral base transition and training in business operation.

Reason Selling: Operate family business out of state