360 Painting Franchise in SE Houston

Houston, TX (Harris County)

Seller Financing Available
360 Painting of League City
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Asking Price: $160,000

Cash Flow: $80,000

Gross Revenue: $500,000

EBITDA: $80,000

FF&E: $1,000

Inventory: $500

Established: 2016

360 Painting Franchise in SE Houston

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Business Description

Established, profitable, and growing painting business in a large, prime, and exclusive franchised territory. 2018 sales of $500K (+50% vs. 2017). Assumption of existing franchise agreement with attractive terms. No significant startup expenses, and new owner can hit the ground running during prime season. Asking price based on low multiple of proven earnings, not on expectation of future earnings. No reasonable offer refused. Transition/training period for new owner is negotiable.

Detailed Information

Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Less than $2K in hard assets or existing inventory. Business requires very little capital other than working. (Home Based)
Competition:
Other franchise and privately owned painting companies.
Growth & Expansion:
High demand for services in currently existing territory, in which continuing growth is very likely.
Support & Training:
Negotiable with existing owners. Additional training available through franchise.
Reason for Selling:
Current owners leaving for personal reasons.
Home-Based:
This business is Home-Based
Franchise:
This business is an established franchise
Business Website:
http://www.360painting.com
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Business Location


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Business Listed By:
Mark Winland

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