SOLD! – PROFITABLE PAINTING COMPANY WITH STAFF IN PLACE
Industry: CONSTRUCTION / PAINTING
This profitable painting Company has been established in the Valley for over 20 years. Their primary focus is providing a reliable painting service for home builders and new construction markets. The Company has seasoned and well-trained management in place, as well as ownership that is willing to participate in an extended transition.
Ownership has done very little true marketing and instead has relied on their great reputation to continuously generate $12M plus in revenue year-over-year. There are tremendous growth opportunities to diversify into residential remodel and new and existing commercial properties if the successor would like to increase revenues.
Asking Price: $2,525,000
Gross Income: $12,344,083.09
Down Payment: $2,525,000
Cash Flow: $1,260,561.83
FFE: $350,000 (Included in Price)
Reason For Sale:Retirement
Training & Support:The seller is willing to train, the time frame is negotiable.
Year Established: 25 Plus Years
Days & Hours of Operation: Monday - Friday
Owner Hours Per Week: 40
Employees: 100 +
General Location: ARIZONA