Tri-County Profitable Commercial Painting Contract

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$1,200,000 $1,234,074

Services: Construction, Contractors

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RE: Tri-County Profitable Commercial Painting Contract Broker: Thomas Milana
Owner Financing is Available!
Owner Financing 450K @ 7% interest for 60 Months

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,234,074
Net Profit: Not Disclosed
Cash Flow: $377,035
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 12
BBN Listing #: 7952630
Broker Reference #: 0101626947

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Business Overview:

Profitable painting contractor in South Florida specializing in painting and waterproofing offices, warehouses, hotels, retail outlets, medical and industrial facilities (no residential). Established for over 20-years, they thrive on an excellent reputation for getting the job done, on time and within budget. Well-trained staff of W-2 employees in place, owner Does Not paint! About 20-longstanding clients (property managers, developers, general contractors) in place with very limiting advertising or networking being done. Seller is seeking to retire from the industry, however would consider staying on as a salesperson or even undertake a majority recapitalization, to further grow the business beyond their current means. Almost $2MM in 2020 contracts on the table already. Please refer to listing # 0101626947 Business Broker Thomas Milana when you inquiring about this listing.

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Property Features and Assets:

Lease/Month: $677; Square Footage: 1,000; Building Type: office/warehouse; Terms & Options: TBD; Expiration Date: 12/31/2020.

Market Competition and Expansion:

Non Compete : Miles: 75 Years: 3

Reason for Selling:

Retirement or majority Recap.

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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