Business For Sale

50 Year Old Establihed Painting Contractor

Not Disclosed, MI
Genesee County


Asking Price: Annual Revenue:
$588,000 $698,000

Services: Construction, Contractors


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RE: 50 Year Old Establihed Painting Contractor Broker: Mike Limbers

Quick Facts

Asking Price: $588,000
Annual Revenue: $698,000
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1960
Employees: Not Disclosed
BBN Listing #: 578248287
Broker Reference #: 86931-58620

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Business Overview:

Residential and commercial painting contractor in south mid-Michigan established in the early 1960s with a huge repeat client base for over 50 years. This contractor has customers reaching out over the entire state and beyond with an insurance rating under 1 that makes them eligible to do large companies and government work. Great opportunity for an existing business wanting to expand or an individual that is looking for a long term established business that still has growth potential. The owner has done GS in the million-dollar range in the past but has backed off the last few years and continues with a steady GS of $695,000.00+. Owner will stay on if needed for up to two years during a transition period to insure new ownership success. For more information on this outstanding opportunity please contact us.

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Reason for Selling:

Retiring

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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