premium painting and finishing

Littleton, CO (Arapahoe County)

Seller Financing Available
premium painting and finishing
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Asking Price: $290,000

Cash Flow: $120,000

Gross Revenue: $858,000

EBITDA: $110,000

FF&E: $120,000

Inventory: $10,000

Rent: $1.10 /Month

Established: 2010

premium painting and finishing

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Business Description

Motivated seller

Premium painting for sale by owner
Exclusive and distinct custom projects a unique opportunity to acquire a high end niche painting company . The company is positioned to grow substantially with new ownership, motivation and fresh financing or simply be enjoyed as a solid source of revenue and maintain its current market.

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Detailed Information

Location:
Littleton, CO
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,100
Lease Expiration:
3/31/2019
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3100 sf shop, waterborne finishing setup, 5 vehicle fleet, management app, 2 offices, showroom, delivery bays, 3 spray areas, sample room, sprayers, tools and all the needs, small wood shop
Competition:
The market in the denver metro area has been on a upward growth climb. only a few contractors offering competition at present "After putting in a stronger than expected performance this year, Colorado’s economy will continue to plow ahead in 2019...The current expansion is on track to track to become the longest in U.S. history. denver post
Growth & Expansion:
2018 was the best year gross for company the company has been on 3 year growth cycles. The contracts currently under negotiation along with the movement to the area, investment strength and stability specifically of the high end market is substantial. This company along with the correct new owner management skill set and investment could easily gross 1-2 million each of the next 3 to 5 years.
Financing:
minimum 50% deposit, balance term 3 years with negotiated interest
Support & Training:
Current owner/manager to stay on workforce at reduced rate for point of contact and sales along with field management as needed
Reason for Selling:
Current owner looking for ways to grow the business and pay off debts
Franchise:
This business is an established franchise
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Business Listed By:
H.A.Mullikin

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