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- RE: Painting, Construction Remodeler NOVA
- Contact: Bill Kelly
Quick Facts
Asking Price: | $379,000 | |
Annual Revenue: | $288,090 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $80,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1983 | |
Employees: | 5 | |
BBN Listing #: | 936083 | |
Broker Reference #: | 9525-701299 |
Business Overview:
If you've ever dreamed of starting your own business, don't miss this opportunity to acquire an excellent Painting and Construction company located in Northern Virginia!
The business was started 3-years ago by a contractor with over 30 years of experience. Offering painting, deck staining, kitchen and bath remodeling, gutter and leaf-guard installation, and other general home repairs the business enjoys a great reputation with many glowing customer reviews, producing most new business from customer referrals and social media posts.
The Seller is known for his professionalism, work ethic and excellent customer service. He has a Virginia "Class A" license and is willing to stay on after the sale to allow time for the new owner to complete the licensing process. The business has been set-up using the "modern contractor model" with very little overhead. It is run out of the Seller's home and can be moved easily. Most of the labor is performed by approved sub-contractors so the work is consistent and manageable.
The Seller is selling due to health issues.
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Market Competition and Expansion:
Competition: There are many painting/construction contractors in Northern VA, but most were formed many years ago using a "high overhead" model. This business has very little overhead and can be easily operated with 1 or 2 people. It was designed to maximize net profit and minimize risk.
Expansion: This business is located in one of the most affluent religions of America. Growth is all but assured if the service is excellent and the workmanship is consistently high quality. Adding a webpage and doing more social media postings, along with basic neighborhood advertising will increase business without adding much expense.
Reason for Selling:
Retiring
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
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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