Highly Profitable Painting Business for Sale

Not Disclosed, VT
Windsor County

Situated on a main street


Asking Price: Annual Revenue:
$350,000 $583,700

Services: Home Improvement, Repair, Painting


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RE: Highly Profitable Painting Business for Sale Broker: Will Simmons

Quick Facts

Asking Price: $350,000
Annual Revenue: $583,700
Net Profit: Not Disclosed
Cash Flow: $228,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 23
Employees: 9
BBN Listing #: 178262509
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Originally a painting and carpentry business, the current owner decided to cut the carpentry division to focus exclusively on painting. The painting division delivers higher margins and requires significantly less of the owner's time. This business has been routinely making the owners over $225,000 off of ~$600,000 in yearly revenues. With an SDE multiplier of 1.52, this long-standing business is priced to sell so that the new owner can be in place when the lucrative spring season kicks off.

There is a huge upside for a new buyer who wants to push into the commercial end. This region of the country has seen strong growth from NYC and Boston since the pandemic, leading to a large increase in demand for their services. Current property can be purchased with the business for an additional $190,000. The owner has agreed to lease to the new buyer if that is their preference.

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Property Features and Assets:

2,600 square-foot building, with office space downstairs and a 2 bedroom apt upstairs. Also has a basement for storage along with a garage. Accompanied by a large yard with customer and employee parking.

Market Competition and Expansion:

The company is well-respected in this northeast region of the country. Situated on a main street of a centrally located town they service roughly 20 miles around. With the outstanding reputation in tact the company has been able to retain a solid workforce. The major competition is from individual painters, who cannot provide the same professional experience and timeliness as the business.

Reason for Selling:

Ready for a new adventure.

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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