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Tri-County Profitable Commercial Painting Contractor

Ldhl, FL (Broward County) (Relocatable)

Tri-County Profitable Commercial Painting Contractor
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Asking Price: $1,900,000

Cash Flow: $434,452

Gross Revenue: $1,212,467

EBITDA: N/A

FF&E: $80,000

Inventory: $1,000

Rent: $655 /Month

Established: 1996

Tri-County Profitable Commercial Painting Contractor

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Business Description

Highly Profitable Commercial Painting Contractor for Sale

Profitable painting contractor in South Florida specializing in painting and waterproofing offices, warehouses, hotels, retail outlets, medical and industrial facilities (no residential). Established for over 20-years, they thrive on an excellent reputation for getting the job done, on time and within budget. Well-trained staff of W-2 employees in place, owner Does Not paint! About 20-longstanding clients (property managers, developers, general contractors) in place with very limiting advertising or networking being done. Seller is seeking to retire from the industry, however would consider staying on as a salesperson or even undertake a majority recapitalization, to further grow the business beyond their current means. All buyers must be pre-qualified prior to disclosure. Down payment is based on new SBA guaranteed financing. 2019 figures are based on the June 30th P&L. Please refer to listing # 0101626947 Business Broker Thomas Milana when you inquiring about this listing.

Detailed Information

Location:
Ldhl, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
12/31/2020
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 655 Square Footage: 1000 Building Type: office/warehouse Terms & Options: TBD Expiration Date: 12/31/2020
Competition:
Non Compete : Miles: 75 Years: 3
Financing:
Other Financing $1,508,000.00 @ 8.25% for 120 Months = $18469.02 Monthly
Support & Training:
For 4 weeks at no cost
Reason for Selling:
Retirement or majority Recap
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Contact the Seller

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Thomas Milana International Director of Business Sales

Business Listed By:
Thomas Milana

Transworld Business Brokers, LLC.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.


Sponsoring Broker:
Andrew Cagnetta

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