Business For Sale

Commercial Painting Company - Check Sales & Salary

Not Disclosed, CT
Hartford County


Asking Price: Annual Revenue:
$500,000 $642,000

Services: Construction, Contractors


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RE: Commercial Painting Company - Check Sales & Salary Broker: Bill Wilson

Quick Facts

Asking Price: $500,000
Annual Revenue: $642,000
Net Profit: $30,022
Cash Flow: $30,022
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 7
BBN Listing #: 797656608
Broker Reference #: Not Disclosed

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Business Overview:

Well established Commercial Painting Business can help you realize a dream of owning your own business. This is not a franchise. Rarely available 28 Year Old Commercial Painting Company. Only performs interior work - no outside painting.

Sales in 2018: $642,000, Sales in 2017: $1.438,940 dollars Sales in 2016: $1,021,922.

Owners salary 2018: 92,697; in 2017: $186,401; in 2016 $146,269
and NOT reconstructed - real straight deal salary.

Sales swings due to work in progress billing, delays by other contractors.
You do not paint!!!! 2019 will be a great year.

Already has job bookings right now to be done of $950,000 for 2019 and potential to pick up many more jobs for 2019. SO If your in the construction industry and want to own a business in that market this opportunity can make that happen - a Monday to Friday Business - weekends for your family! You don't do any painting - you quote - you estimate - you manage the business.

This company does NO residential painting - STRICTLY COMMERCIAL Painting. Best yet - this company only bids on jobs within 1 hour of its location. They DO NO OUTSIDE PAINTING. Just imagine if you went out 2 hours or 3 hours out. Built a website. Ummh - interesting.

Business has over 7 employees. Paints police stations, national guard, hospitals, post offices, fire stations, insurance companies,state buildings, and on and on.

Owners will give transition period, then stay on to reinforce and help you.

Contact Hartford Business Brokers at the Farmington Office (860) 674-9755 for more details or email us.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Painting equipment used on a daily basis by employees.

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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