Profesional Painting Business - Makes $125K

Minneapolis, MN
Hennepin County


Asking Price: Annual Revenue:
$199,000 $632,729

Services: Construction, Contractors


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RE: Profesional Painting Business - Makes $125K Broker: Peggy Scheeler

Quick Facts

Asking Price: $199,000
Annual Revenue: $632,729
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 4
BBN Listing #: 792740231
Broker Reference #: Not Disclosed

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Business Overview:

Established since 1991 by current owner, this company is a full-service professional painting company. The company does interior and exterior painting for buildings, residential housing and multi-unit housing projects. Majority the business is apartment/multi housing 42% with residential at 38%, and commercial at 20%. Exterior painting, its seasonal, weather related and cost more per job. In addition to painting, this business does ceiling texturing, drywall repair, patchwork and caulking. Business hours are Monday through Friday 9:00 am to 5:00 pm. This is a niche business that is easy to manage. Over 50% to 60% is repeat business. The owners do the estimating and bookkeeping and rarely paint.

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Reason for Selling:

Retirement

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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