One Of NYC’s Largest Industrial Painting Companies
New York, NY New York County
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- RE: One Of NYC’s Largest Industrial Painting Companies
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $16,500,000 | |
| Annual Revenue: | $28,636,287 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $5,932,855 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | 64 | |
| BBN Listing #: | 1003405 | |
| Broker Reference #: | TRA046-B |
Business Overview:
Established over 20 years ago, this industrial painting company completes approximately 40 municipal and infrastructure projects annually, including bridges, tunnels, subway stations, and water treatment facilities. Services are weighted toward industrial painting (70%) with additional safety shield and platform installations (30%). Operations span multiple states, with approximately 90% of revenue generated in New York. The company is supported by an experienced management team and a skilled union workforce of 50+ laborers. The owner lives out of state and spends approximately 15-20 hours/wk on financial oversight, and business management. Headquartered in a 2,000-square-foot New York City office, the business manages all administrative, bidding, and operational functions in-house. The offering includes $1.085 million in working capital, plus vehicles and equipment valued at approximately $1.4 million. Priced at $16,500,000, this opportunity represents a turnkey operation with established systems, a loyal client base, and a reputation for quality and reliability in industrial painting and access solutions. The owner has offered to carry 15% of the purchase and have committed to supporting a smooth transition, offering a period of one to two years to facilitate knowledge transfer and maintain business momentum
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Property Features and Assets:
Assets Included in Purchase: $2,474,290
Market Competition and Expansion:
Growth Opportunities: Privately owned buildings for outdoor painting
Reason for Selling:
Retirement planning. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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