Established Painting Contractor for sale

Kern County, CA
Kern County

Asking Price: Annual Revenue:
$550,000 $1,083,501

Services: Construction, Contractors

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RE: Established Painting Contractor for sale Broker: Carol Bennett
License #: 01186310
Owner Financing is Available!

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,083,501
Net Profit: Not Disclosed
Cash Flow: $758,451
Total Debt: Not Disclosed
FF&E: $186,385
Real Estate: Not Disclosed
Year Established: 2015
Employees: 13
BBN Listing #: 217355703
Broker Reference #: BAKERCA001-N986

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Business Overview:

Current Contractor started his own painting business in 2015. It grew from a small family business to 13 employees. They currently use ADP and it offers a 401K plan. Employees & Contractor Titles: * 4 Crew leaders * 1 Sr. Journeyman * 3 Journeymen * 4 Painter Helpers Business Services include: * Residential interior and exterior * Commercial interior and exterior * Cabinets * Patio Covers Requires C33 Painting and Decorating License Uses personal shop for $750 a month. Shop is located at personal residence and may also be included in the sale if a buyer is interested. The owner's wife is the bookkeeper and there are no other family members working in the business. There are advertising contracts with Google including Yellow Pages. Customers are required to pay a 10% deposit to schedule jobs. Customers are given a 1 year warranty from the date of completion

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Property Features and Assets:

Real Estate License ID: 01186310

Reason for Selling:

New venture out of state

Additional Details:

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

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