Infrastructure Site Prep, Painting & Maintenance

Eden, NY (Erie County)

Seller Financing Available
Infrastructure Site Prep, Painting & Maintenance
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Asking Price: $18,400,000

Cash Flow: $4,303,363

Gross Revenue: $25,281,685



Inventory: N/A

Established: 2005

Infrastructure Site Prep, Painting & Maintenance

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Business Description

49 million in work in progress across 4 states with a 17% profit margin!

49 million in work in progress across 4 states with a 17% profit margin! Located in Ohio and New York since 2005, this company specializes in painting large infrastructure projects as well as any site preparation associated with a job since 2005. Earning over $25,000,000 in 2018 alone, this company has a proven track record of successfully bidding and winning large contracts. With $2.8MM in assets including tools of the trade and company vehicles, all equipment is in place for continued success. The team of union foremen and painters work primarily for general contractors and maximize their awarded contracts through competitive bidding and strong professional relationships. Currently, this company has $2,800,000 in assets and $49,000,000 in work-in-progress with many secured, upcoming projects.

Operations are managed from the Ohio office and supplies are stored in a New York area warehouse. There are additional field offices for each large project where location-based staff report daily. The Ohio office is currently owned but is available for lease or possibly for purchase outside the sale of this business.

Both owners currently work within the business. One owner focuses on financial oversight and business management, while the other owner is the lead estimator and oversees field operations. Both owners are willing to remain on staff throughout the transition or beyond, as desired.

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Detailed Information

Eden, NY
Growth & Expansion:
Manage utilization and profitability, increase team to increase capacity, increase local work contracts awarded, increase capital to increase bonding capacity
15% Seller Financing:
Support & Training:
Six months to one year, but both owners are willing to remain on staff, if desired
Reason for Selling:
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Cortney Sells

Business Listed By:
Cortney Sells

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