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Business For Sale

Painting Contractor Business in Los Angeles, CA

Los Angeles County, CA

Services: Construction, Contractors

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$550,000
$1,152,000
Not Disclosed
$223,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1987
20
4100238

Business Overview:

Large Profitable Painting Contractor Business in Greater Los Angeles, CA This painting contractor business was established and under same ownership for over 24 years. Talking about a GOOD business. It is as good as any business can get. Over two decades it built impeccable reputation for performing high quality work on time and on budget. They have diverse customer base, including residential, commercial and industrial, many of whom have long-standing relationship with the company and used their services many times. Their client list includes number of well-known large retail chains, high-profile individuals, etc. While most construction companies were trending down during economy downturn, this company's sales was growing. This is a direct result of considerable goodwill, reputation and connections that they have developed over the years, what collectively can be called a brand. Most of work comes from repeat customers who love their service level and quality of work, and referrals from existing clients. This company will go extra mile to meet customer's needs. They developed customer base that trusts them to the point of not requiring bids from other companies, and a lot of work is done on Time and Materials basis, reducing chance of loosing money on a bid. The company is holding C33 license and offering painting services, waterproof elastomeric coating, staining and clear finishing, expert custom color matching, wall covering removal, power washing and mildew treatment, drywall and plaster repair, specialty faux finishing, and more. Buyer doesn't have to have a license as long as some employees do. This is a well-organized company with office staff and production supervisors, with customer service, production procedures and performance indicators. The owner is responsible for general management, some bidding, staffing and final quality control. The owner likes this company very much and would never sell it, however he has health problems and his doctor recommended him to slow down. The new owner will get an extensive training and be introduced to all major customers. This training is included in the purchase price.

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:

Health condition

Additional Details:

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