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Paint Contractor, Established, Profitable, Well known

Lynchburg, Virginia (Lynchburg City County)

Construction - Special Trades

Asking Price $125,000 Inventory  
Gross Income $306,628 Real Estate $70,000** 
Cash Flow $64,715 Year Established 1971
FF&E $95,000* Employees 9

* included in the asking price

** not included in the asking price

The Company is an established, well known, profitable painting contractor business located in the Lynchburg, Virginia area. Services include interior and exterior painting, state certified lead paint removal, pressure washing, and deck staining. Customers include existing residential homes, churches, and businesses. Quality service is the hallmark of this business with new business primarily generated from satisfied customer referrals. The Business was started over thirty five years ago and has become one of the best known and highly respected painting contractors in its market. This is a great opportunity for someone to own and manage a professional contracting business where several work crews are utilized to cover the consistent work load. The name recognition this company enjoys will allow a new owner to take over and immediately earn profits. The real estate is also offered for sale or lease at the option of the buyer. Purchase price is $70,000. Cash flow has been adjusted to allow for a mortgage payment or lease payment of $700/month.

Facilities: Business located on a busy city street offering significant exposure. 2,184 square foot building offered for sale or lease at the option of the buyer. Price: $70,000 (not included in business purchase price).

Competition: There are a few painting contractors in Lynchburg, VA. This contractor is one of the largest with four work crews consistently on the job.

Growth/Expansion: Currently painting existing structures. Opportunity exists for painting new construction and marketing to the counties surrounding Lynchburg.

Financing: Partial seller financing available to a qualified buyer

Support/Training: Seller will train for 30 days at no charge

Reason Selling: Seller retirement

AD # 297413

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