High-End Painting and Restoration Contractor in New York Metro Area
High Profit Margin
The most compelling evidence of this well-established company’s reputation is that its growth has been driven solely by referrals and repeat business—with no advertising. In addition to being directly engaged by owners of some of the most luxurious properties in the New York metropolitan area, the company is regularly tapped by prominent architects and interior designers, as well as top-tier general contractors, to contribute to their clients’ new construction and renovation projects—which may entail budgets of several million dollars. The company’s craftsmen are highly regarded for their expertise in hand stenciling, faux marbling, and the restoration of antique wall coverings, and in using glazing, gilding and polishing techniques to refurbish woodwork and cabinets. After completing a project, the company is often engaged to perform periodic maintenance on their original work. Since many clients own multiple homes, an initial project at a client’s primary residence may lead to a contract at one of their other properties. The most valuable asset the buyer of this business will acquire is a stellar brand that has been built over many years, and which should continue to generate strong repeat and referral patronage from its large base of highly discriminating property owners and preeminent design professionals.
Profitable Residential/Commercial Painting Company, 1.5 X's Cash Flow
Have Painting Experience- Awesome Opportunity
Yuba City, CA
Family owned, well-established highly successful painting contractor providing Commercial, Residential, and Light Industrial interior and exterior painting. A Qualified buyer may receive an SBA acquisition loan. Assuming 27% down payment of $80,000 and loan balance of $221,300, buyer could obtain SBA financing with an estimated interest rate of 6.25% APR, and 120 month term.
40 years of experience has created a solid reputation for this business providing full state-of-the-art painting/contracting service. Located on a ½ acre property with a 4,100 sq.ft. Warehouse/Shop including 10 in-service branded vehicles.
After working in the business for many years the current owners purchased the company, and are now preparing for retirement. With a strong reputation, experienced dedicated loyal staff, and a large market presence, this business makes an excellent opportunity for a buyer interested in carrying on the Owners’ commitment to excellence and pursuing new opportunities for growth.
Multi year local award winner for “Best Painting Service.” Learn from 40+ years of proven systems and procedures to provide outstanding service creating repeat business. Currently 9 FT employees, and 3 PT, with 11 year’s average tenure with the company, are servicing a 60-mile radius.
In addition to painting and staining services, they also do special cabinet finishes, metal finishes, vinyl signage and lettering, and historical restoration. They also offer high quality pressure washing/cleaning , and repair/replacement services.
Mostly repeat and referral business with a 1600 client database, including work history. Business mix is 45% residential, 48% commercial, and 7% light industrial. 2015 year to date revenue currently enjoying a tremendous growth level. The last 12 months revenues are up over 50% from 2014 as a result of the company’s incredible reputation.
Great location in a growing part of town with a much desired special permitted workshop. The seller owns the offices and yard and is willing to negotiate a long-term, market-based lease, or sell the real estate along with the business. Seller provided training is available.
Excellent books and records. Strong company name with a well-known positive reputation accompany a complete and up-to-date Website- informational photo gallery included.
The ideal prospect for this business is someone who is service focused, has hands-on leadership experience, 4-6 years industry experience, or a commercial painting contractor wishing to add market share in the growing North Sacramento Yuba City, residential, commercial, and light industrial painting market. Great opportunity as well for a husband and wife team.
2015 Revenue: $925,000
Please reply with a description of your business background, the type and size of business you seek to acquire, when you plan to purchase a business, your investment capability, and your interest in this business.
Historic Building with Successful Restaurant
Historic Building with Successful Restaurant
The Garvey Building, circa 1870, in historic Eufaula, AL, has been renovated into an amazing restaurant, bar, dining, kitchen and private dining facility. It is currently operated as River City Grill, Eufaula’s #1 restaurant since 2005. Restaurant lease and equipment convey with building sale. The restaurant has recently been painted and light fixtures have been changed to enhance the beauty of the building. The building has 2nd and 3rd floors waiting to be renovated into whatever your dreams will allow, totaling 12,000 sq ft. on three floors. Eufaula is located on beautiful 46,000 acre Lake Eufaula with one of the largest historic registers in the Nation. Located off HWY 431 with over 25,000 cars passing daily. Eufaula is the bass capital of the world and host to many outdoor events.
$419,000 includes property, restaurant 1 year lease and restaurant equipment. This is a great investment property. The second and third floor can be converted in to banquet space, loft apartments, condo's, office space or whatever your dream is.
Come visit and see why so many fall in love with this historic town and the charm of this historic building with successful restaurant. Call: John Gray 334 750 1414 firstname.lastname@example.org
CO Electrical Contractor Selling for only 2 1/2 times earnings, 16 Yrs
CO Electrical Contractor Selling for only 2 1/2 X earn, 16 Yrs old, Growing
Glenwood Springs, CO
This is priced just under 2 times 2015’s adjusted earnings for a quick sale because of a pending divorce. The Seller can train a new buyer and will stay in the area and help the new buyer for up to two full years and allow the use of his Masters License also.
16 Year Old Colorado Electrical Contractor that does mostly Industrial work for large long term customers
The trailing 12 months through May 31, 2016 was 945,456 in revenue with 213,572 in adjusted earnings and the sales price is only 525,000 which includes all of their Assets. The owners are going through a divorce and have to sell. The company currently has a large job that is just starting for 900K which will last until early 2017 which will guarantee the new owner a great start.
The 2015 revenues were 869K with adjusted earnings of 263K. The company is expecting to do over 1M in Revenue for 2016 based on both work in progress and signed contracts. The Business is priced at 525K which is less than 2 times 2015’s earnings. They also have recurring revenue because of their maintenance contracts with many of their customers.
The company specializes in all forms of Electrical service, repair, and new construction. Most of what they do is new construction or upgrades. The company has a great reputation with a long-standing and recurring customer base. They do work for fast growing and affluent communities, resorts, and businesses.
The company employs 2 full time professional electricians with up to 8 more they can bring on when they are busy. He is a master electrician and will allow the buyer to use his license for as long as they need it. One of the full time employees is close to getting theirs also. The owner will be willing to will stay and help for as long as the new owner wants him to.
The buyer will get 4 trucks including 2 specialty utility trucks along with a lot of equipment, tools, and inventory all valued at approximately $85K.
The company’s website is: This Company has no website.
Location: Just West of the Colorado Mountains in a beautiful town.
The confidentiality agreement( NDA) link is: http://companybroker.com/buyer-profile-jeff.htm which will get you the full sales package and name and location of the company. If it is blue you should be able to click on it, if not please cut and paste that to a URL line and it will give you the NDA. Please request the full sales package containing a detailed Data Room with financials and a Comprehensive Video on the entire operation and a full interview with the owner by clicking on the secure web link to the Confidentiality Agreement (CA). If you have any questions or comments on the CA please email me at email@example.com or call me at 303-905-7607. Thank you.
The seller is asking for 525K which will include everything except his cash and accounts receivables. They will pay off all debt including the accounts payables so that the business transfers debt free. It is an LLC so it will be an asset sale.
Brief Overview and Deal Points:
Owner needs to sell, price at only 525K. This company is 95% Commercial and 5% Residential. He gets most of his work from his current customers upgrading or adding to their businesses. He also does the maintenance and repairs for all of his customers. Their market is very high end on average and they focus on great customer service because they know how important it is to maintain their positive reputation.
Growth and Expansion: The company has zero marketing and no website. All of his business has come by word of mouth and by recurring loyal customers. A new owner can grow this business easily by adding a website and some basic marketing so new business can find this company. The new owner could also call on property and construction managers which could also make a big difference. This company has several high profile customers which will give it instant credibility with potential new customers. Plus, it is located in one of the fastest growing areas in Colorado.
The owner knows that he could wait a year and the business will be more valuable based on his current level of work going into 2017 but must sell because of his divorce now. He is anticipating that the revenues for 2016 should be up over 35% with an increase of at least 75K to the bottom line which translates to this being a great buy at 650K. In fact, the business should be worth well over 800K by early next year.
The owner will sign a non-compete. He is willing to transition the business and can teach the new owner how to run the business and how to grow it. Industry experience is recommended but not necessary. The required licenses are already in place, the owner just pulls permits which he can teach the new owner how to do. He will allow the new owner to use his license until he/she can get their own.
The business has a mix between very loyal and long term employees along with a couple of new ones in 2016. The pool of employees are trustworthy, competent, and reliable.
He just sold his house where his office was so he has set up a temporary office out of a nearby warehouse. He also meets his employees at a staging area where he has two containers of equipment and inventory. Most of the tools and equipment are in the service vehicles. I believe a new owner will want to find a traditional business location somewhere in their roughly 60 mile radius customer area. There are a lot of choices and places an owner can live without a big commute.
They have a great reputation for safety, quality, and reliability. The seller will agree to full Reps and Warranties to a solid legal and business standing. They have a great record for safety (OSHA). They have had no regulatory issues, no lawsuits, and no issues with the city, county, or municipality that they are in. They are also A+ rated members of the Better Business Bureau.
This is located in a beautiful town surrounded by great skiing and summer events and activities. Plus, it is sunny almost all year round in this part of Colorado. Colorado is one of the best States in the country to own a business. Colorado is the "#1" fastest growing and strongest economies in the United States, per Money.MSN.com and Business Insider’s September of 2014 issue. This article ranks all 50 states by eight economic measures including GDP growth, housing prices, job creation and exports.
Please Call of Email for Information: The broker is available at any time to discuss your interest in this offering and can set up a meeting either in person or by phone with the owner(s). Thank you for your interest.
Jeff Chapman Eisnaugle
Company Broker Group, LLC.
999 18th St Ste 3000
Denver, CO 80216
This is prepared by Company Broker Group with information provided by the Seller. It was not created by the seller and neither the Broker or the Seller are responsible for its accuracy. Buyers are responsible for their own due diligence. Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections.
Different Brokerage relationships are available which include Seller agency, buyer agency, or transaction – brokerage.
Brokerage disclosure to Buyer or Tenant of Property. Definition of working relationships.
Seller's Agent: a seller's agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty, and fidelity. The agent negotiates on behalf of and ask as an advocate for the seller. The seller's agent must disclose to potential buyers all adverse material facts actually known by the seller's agent about the business/property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.
Buyer’s Agent: a buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of an accident advocate for the buyer. The buyer’s agent must disclose to all potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability to perform the terms of the transaction. A separate written by a Buyer agreement is required which sets forth the duties and obligations of the broker and the buyer.
Transaction broker: the transaction broker assist the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting parties with any contracts, including the closing of the transaction, without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care and the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction – broker concerning the property or a buyer's financial ability to perform the terms of a transaction and whether the buyer intends to occupy the property. No written agreement is required.
Company Broker Group, LLC, and Jeff Chapman Eisnaugle will be operating solely as a “Seller Agent” in all transactions.
Commercial Concrete Construction
Commercial Concrete Construction
This business specializes in the construction and pouring of concrete surfaces for mainly commercial clients in Nebraska and around the country. Around 95% of clients are commercial. These clients call the business with very little advertising on the owners’ part because of the businesses regional reputation. Jobs include laying floors, foundations, driveways, and other large concrete areas all across Nebraska and into neighboring states. Clients include schools, churches, medical centers, and other construction companies. The average contract is over $300,000.
To sustain this operation there are 22 employees working in 2 crews. Of the 22, 1 is responsible for billing and works part-time. Among the other 21 there is 1 Estimator, 1 General Manager, 3 Foremen, 3 Concrete Pump Operators, and the rest are general laborers. The 21 field workers can combine to all work on the larger jobs and can also be split up into three crews if the jobs so require. One way to grow this business is to run additional crews and to bring on more crew members. The current owner has a relaxed position and is responsible for reviewing bids when necessary and periodically checks on larger jobs.
The building currently used by the company is owned by the seller and includes a 1,500 sq. ft. office and 2,400 sq. ft. shop and a 4,800 sq. ft. warehouse used to store equipment and vehicles. The owner will rent out this space to the buyer.
After the first year of ownership a new buyer can expect a Net Operating Income (Profit) of $569,972.
Purchase Price: $5,500,000
12.5% Buyer Down Payment: $687,500
12.5% Seller Financing: $687,500
75% Bank Loan: $4,125,000
After all debt payments a buyer can expect a Net Operating Income (Profit) of $569,972.
List Price: $5,500,000
Owner Profit/Cash Flow
YOY Growth: Over $200,000 in Cash Flow 2013 – 2015
Profit Margin: 30%
Multiple: 4.4 *Multiples range from 1-5, with the average being 3
3 Year Average Cash Flow x Multiple = Price
$1,253,935 x 4.4 = $5,517,314
Equipment: $858,059: 7 Rider Trowels, 8 Walk Behind Trowels, 8 Concrete Saws, 3 Power Buggies, 3 CAT Skid Loaders, CAT Excavator with Buckets, Auger and Bits, Power Rake, 1 Large and 1 Small Screed
Vehicles: $1,013,230: 5 Ford Pickups; 1 Chevy Pickup; 2 Large Trucks with Concrete Pumps reaching 38-39 Meters; 9 Assorted Flatbed, Enclosed, and Cargo Trailers
Intangible Assets: Advertising is unnecessary as clients call the business; Work is completed year round as weather permits
Inventory: $27,765: 42 Expansion Bags, 10 Barrels White Paving Cure, 40 Rolls Stego Barrier, #4 & #5 Rebar
*amounts may vary
Year Established: 1976
Location: Central Nebraska
Service Area: Nebraska and Northern Kansas
Active Jobs: 11 Total; 8 with Contract Price Over $250,000
Buildings: 8,700 sq. ft. Building with Office, Shop, & Warehouse
Reason for Selling: Other Business Ventures
Employees: 22: 1 Part-time Office responsible for billing; 1 Estimator; 1 General Manager and 3 Foremen responsible for laborers at job site; 3 Concrete Pump Operators; 14 Laborers
Office Hours: Monday – Friday: 8am – 5pm
Seller Training Period: 90 Days
Growth Opportunities: Run Additional Crews with Current Employees; Advertise to Attract out of State Business
Current Owner’s Responsibilities: Review Bids (when necessary), Check Larger Job Sites, Project Management
Highly Profitable Building Materials / Service Business
Looking for a work/life balance? Here it is!
This well-established Portland business has positive cash flow that has historically produced net income in the top 5% tier nationwide. Last year’s sales were over $750,000. Seller’s Discretionary Cash Flow was $178,000. The founders are ready to retire, and they are willing to assist the right buyer in a supportive transition relationship.
The asking price is based on the broker’s detailed and objective price opinion, $507,434 plus modest inventory at seller’s cost. Inventory levels vary; the current level is approximately $20,000. At this price the historical performance equates to a 27% return on investment (conservatively based on a weighted average of three years—not just the best-performing year.)
The company focuses primarily on sales of high-quality “energy-efficient, green” building products that are in high demand. Consumer demand in this category is expected to continue expanding, providing a stable base for continued growth. Market segments include residential and commercial customers.
Established in Portland more than 30 years ago, the company is recognized regionally and nationally as a leader in the field. It represents leading local and national manufacturers with proprietary relationships. The large and diverse customer base includes repeat customers who require ongoing services.
Sales and income are generated through retail and online channels. The company also provides local service, repair and installation throughout the year, to provide steady income and minimize seasonality.
This business does not require a high overhead storefront, only a small warehouse (730 sq. ft.). It does not require specialized degrees, licensing, or extensive training to be successful. Well-developed business systems and subcontractors (no employees) enable the owner to manage with a minimum of time allocated. A manager salary allowance has been figured in, without mark-up or multiplier in calculating the business value.
Co-op marketing partnerships with major manufacturers provide a big advertising impact without a big ad budget. This partnership includes national advertising campaigns tailored to fit the company’s specific regional needs, plus top Internet placement with a superb website and search engine optimization.
The company has earned top recognition from major consumer rating services including: Better Business Bureau A+, Angie's list- "Super Service Award" provider every year. It has “Excellent” ratings on Google and Yelp.
For more information on this turn-key opportunity to own a thriving business in one of the nation’s most sought-after markets, please contact Principal Broker.
Structural Steel Fabrication
Leading Service Provider Located in the Western US
Leading provider of structural steel fabrication services to the high-end residential and commercial construction markets.
Revenue and EBITDA have been growing steadily since the Company’s founding, with even more rapid growth in recent years as the Company continues to solidify itself as a go-to provider in a rapidly growing market. Since 2012, Revenue, gross profit and EBITDA have grown at Compound Annual Growth Rates (CAGRs) of 47%, 66%, and 179%, respectively. As implied by the higher growth rates of gross profit and EBITDA relative to revenue, the Company has leveraged economies of scale to expand margins across the board. Current backlog numbers are at record levels and management expects to see growth trends continue in 2015. The Company maintains a strong and liquid balance sheet with a current ratio averaging 3.5 since 2012. The Company procures inventory on a just-in-time basis, which allows it to stay nimble with minimal risk given the stable price of steel.
Ideal potential for strategic purchasers looking to enter the Company's lucrative market, as well as entrepreneurs, financial sponsors and E-2 Visa purchasers.
Commercial Water Heater Service Company For Sale
The Water Heater Man Kansas City
The Water Heater Man, LLC is a 24 hour commercial water heater repair company. We service, repair, and install commercial water heaters for restaurants and hotels. 99% of our business comes from the manufacturer so we do not have much of an advertising budget. We are also on several manufacturer websites for consumers. We cover a 3.5 hour radius of Kansas City, MO. One of the manufacturers stores about 15-20 commercial water heaters in our shop for emergency installs and deliveries within our territory. For a few of our big restaurant accounts, we offer full plumbing services and light drain cleaning. We currently have three service trucks, one is a 2014 Isuzu box truck with a 18' box, 96" door opening (to fit the heaters), and a side curb door and a an aluminum lift gate, two 2015 Chevy box trucks (service trucks) with a side door and a lift gate. Within the past year, we have started offering our services to residential customers.
We have purchased a service dispatch program and three rugged laptops for the trucks so we could go paperless. The programming is not complete yet and we will train the new owner(s) on how to use this system.
There will always be a need for hot water. What has built this business is good customer service, our knowledge of the product, and we stock the parts so the restaurant or hotel can have hot water within an hour or so of our arrival. We also specialize in the service, repair, and installation of tankless heaters.
I will provide extensive training to the new owner(s) and we will visit the manufacturers and meet all of the key people in this industry. Our office/ shop that we rent is currently located in Louisburg, KS but could be relocated any where in the KC metro area.
The sale of the business would include the following:
1--Leased Service Truck w/ maintenance agreement,
Turn key business,
Main telephone number,
Dispatch software license & rights,
Rugged laptops for the service trucks (3).