Commercial Painting Contractor-New York City

Not Disclosed, NY


Asking Price: Annual Revenue:
$995,000 $1,880,000

Services: Home Improvement, Repair, Painting


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RE: Commercial Painting Contractor-New York City Broker: Anthony Citrolo

Quick Facts

Asking Price: $995,000
Annual Revenue: $1,880,000
Net Profit: Not Disclosed
Cash Flow: $249,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: Not Disclosed
BBN Listing #: 975911983
Broker Reference #: 888

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Business Overview:

This full-service, renovation company serves the lucrative New York City marketplace. Established in 1991, it serves primarily commercial customers (10% residential) in the NY Metro area. The company is consistent and growing with robust opportunities available.
Products & services include:
• Painting
• Wall covering
• Carpentry
• Renovations

The Company takes pride in providing a best-in-class quality service to its devoted customer base. It attributes its success to the following reasons:

• Experience with Hospitals and Universities
• Many return customers
• Multi-year contracts
• Quality Control
• Fully Operational Support Staff
• OSHA Certified and other related certifications and licenses

Synergistic Savings for like kind business in excess of $150,000 ( Insurance, premises, Economies of scale).

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Market Competition and Expansion:

Competition: Limited competition with the quality and specific marketplace covered by this company Potential Growth: Outstanding Growth potential with existing and new opportunities with educational institutions and private industry. With the company capable of handling New York City and the 5 boroughs there is significant work available for the new aggressive owner.

Reason for Selling:

Retirement

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.

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