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Business For Sale
LONG ESTABLISHED COMMERCIAL PAINTING CONTRACTOR
Attn:
Dave Finsterwald
Colorado Springs, CO, USA
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Listing Number: "CC-0532"
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Listing
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Asking Price: |
$224,000
USD USA Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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Retirement |
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Year Established:
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1989 |
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# of Employees:
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6 Full Time, 9 Part Time |
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Yearly Revenues:
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$577,770 |
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Yearly Cash Flow:
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$121,120 |
Business for Sale Overview:
This commercial painting contracting business has an excellent reputation for quality work with major commercial building contractors in the Colorado Springs area. They are very selective in who they work for and are often solicited to take on new contractors as clients. They have a core staff of 6 employees that have been with them for a number of years and fill in with additional employees as the projects require. The business provides all aspects of painting from interior to exterior. They offer wall papering but have sub contractors they hire if the job requires this specialty.
This business has been in operation for over 18 years and continues to provide quality painting for commercial projects. All of their work is all performed directly for general contractors. While the majority of the work is acquired through bid, they have a number of clients that use them exclusively.
Market Competition and Expansion:
This business has an established client base and they often get request to take on new accounts. A new owner could be more aggressive and take these accounts on as clients or expand into associated fields such as residential painting, dry walling, faux painting and possibly parking lot striping.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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