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Business For Sale

Contract Painting Business

Southwestern Ontario, Ontario

Services: Repair, Home Improvement, Painting

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$120,000
$370,000
$90,000
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1994
12
285018349

Business Overview:

This company provides interior and exterior commercial and private painting for non-profit housing, Co-Ops, Municipal and Regional government contracts and private painting. They also specialize in Municipal Fire Hydrant Cleaning and painting throughout Ontario and have provided subcontracting services for water main supply companies and hydrant service companies. This business normally has 4 full-time and several part-time painters working for them and also has subcontractors that have worked with them since 1998 that have looked after cleaning and painting fire hydrants. Currently the owner spends 5 months per year in Florida and now wished to completely retire. The company is currently run out of the owner’s house and garage. Most tools are on the trucks and the employees drive trucks from their homes to job sites and pickup supplies at the owner’s home when necessary. Typical customers include a diverse clientele of private individuals and commercial and industrial clients. These clients are usually from the Municipal Housing Companies, non-profit companies and the Municipal water department of cities in the area. The business has strong margins and profits. The reasonable price includes 2 vehicles and all equipment necessary for Hydrant cleaning and painting. This company would be perfect for someone interested in acquiring a hands-on business that can grow with very low overhead. For more information please contact Robert Mitchell.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: