Professional Painting Business-Makes $125K

MN

Professional Painting Business-Makes $125K
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Asking Price: $240,000

Cash Flow: $125,000

Gross Revenue: $632,729

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1991

Professional Painting Business-Makes $125K

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Business Description

Established since 1991 by current owner, this company is a full-service professional painting company. The company does interior and exterior painting for buildings, residential housing and multi-unit housing projects. Majority the business is apartment/multi housing 42% with residential at 38%, and commercial at 20%. Exterior painting, its seasonal, weather related and cost more per job. In addition to painting, this business does ceiling texturing, drywall repair, patchwork and caulking. Business hours are Monday through Friday 9:00 am to 5:00 pm. This is a niche business that is easy to manage. Over 50% to 60% is repeat business. The owners do the estimating and bookkeeping and rarely paint. (1%)

Detailed Information

Inventory:
Included in asking price
Employees:
4
Facilities:
Conveniently located in the metro area, total square footage of the business is 500 square feet, made up of office space. Current rent is $1325 a month. Location is not important, clients rarely come to the business.
Reason for Selling:
Retirement
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Peggy Scheeler

Business Listed By:
Peggy Scheeler

Opportunities In Business

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Sponsoring Broker:
Thomas Green

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