Description

Family owned, well-established highly successful painting contractor providing Commercial, Residential, and Light Industrial interior and exterior painting. A Qualified buyer may receive an SBA acquisition loan. Assuming 27% down payment of $80,000 and loan balance of $221,300, buyer could obtain SBA financing with an estimated interest rate of 6.25% APR, and 120 month term.

40 years of experience has created a solid reputation for this business providing full state-of-the-art painting/contracting service. Located on a .5 acre property with a 4,100 sq. ft. Warehouse/Shop including 10 in-service branded vehicles.

Multi year local award winner for “Best Painting Service.” Learn from 40+ years of proven systems and procedures to provide outstanding service creating repeat business. Currently 9 FT employees, and 3 PT, with 11 year’s average tenure with the company, are servicing a 60-mile radius. Mostly repeat and referral business with a 1600 client database, including work history.

The ideal prospect for this business is someone who is service focused, has hands-on leadership experience, 4-6 years industry experience, or a commercial painting contractor wishing to add market share in the growing North Sacramento Yuba City. Great opportunity for a husband and wife team. Seller provided training is available, and seller open to asset trade.

Revenue: $925,000
Cash Flow $219,162
FFE: $44,700
Inventory: included

Please reply with a description of your business background, the type and size of business you seek to acquire, when you plan to purchase a business, your investment capability, and your interest in this business.

Posted Apr 18, 2016

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