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Asking Price:	$99,500 USD USA Dollars
Business for Sale Industry:	Services: Repair, Home Improvement, Painting
Reason for Selling:	Changing Industries
Year Established:	2004
# of Employees:	9
Yearly Revenues:	$367,000
Yearly Cash Flow:	$115,000

Business for Sale Overview:

Painting Company, interior, exterior. This 3 year old company has shown phenomenal growth each year it has been in business, with its most substantial growth occurring in 2007. The current owner has become the preferred service vendor for 6 national large box retail stores in the DFW Metroplex, with opportunity to license several other locations. This company has developed a reputation for excellent quality workmanship, done at a fair price and in a timely manner. Referrals have become a huge part of their business. The owner has an experienced work force in place and will provide the new owner with hands-on training and transition. In addition to painting, this company provides all interior/exterior wall treatments, including power washing, wallpaper removal and texturing, drywall repair, cabinet painting and staining, faux finishing and glazing, concrete staining, and garage floor coatings. The company has a long list of satisfied commercial accounts, such as Smoothie King, La Quinta Inn, Hunter property management just to name a few. The asking price is $99,500 with gross sales targeting over $560,000 in 2007 and cash flow targeting over $135,000 in 2007.

Property Features and Assets:

Owner runs the facility out of his home but will be leasing small premises due to growth. Furniture, Fixtures & Equipment: $10,000 (included in price) Inventory: $500 (included in price).

Market Competition and Expansion:

Competition: Normal except that this company is situated on the higher end of the market (in terms of price and quality) with significantly fewer competitors. Current owner has rarely advertised!!! Growth and Expansion: A hands on owner could dramatically increase the business with residential and custom builders, especially in this growing suburb of Dallas/Fort Worth. Additional licensing opportunities can create an immediate growth in sales, and the company has yet to target any commercial opportunities where large potential exists.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.