NOT DISCLOSED, Illinois
| Asking Price |
$400,000 |
Year Established |
2002 |
|
| Annual Revenue |
$318,741 |
Reason for Selling |
The owner has decided to pursue another career. |
|
| Annual P/L |
$0 |
Attention |
Mila Lazar |
|
| Annual Cash Flow |
$160,407 |
Listing Number |
1014420 |
|
| # of Employees |
|
Business Category |
Services: Construction, Contractors |
|
Business Overview:
An opportunity to acquire a well-established painting and remodeling business with over 20 years of operating history, an experienced team in place, and a strong pipeline of residential and commercial projects. With limited owner involvement and an established operating structure, this business offers an attractive opportunity for both owner-operators and buyers seeking a more flexible ownership role.
The business has two experienced, full-time workers who handle approximately 80% of projects, supported by additional crews for larger jobs. The current owner spends approximately 20 hours per week overseeing operations, preparing estimates, and maintaining customer relationships. The experienced team handles the day-to-day project work with limited supervision, allowing the owner the flexibility to travel for extended periods while projects continue.
More than 70% of business comes from repeat customers and referrals, reflecting the company's strong reputation and long-standing relationships. The business typically maintains 2–3 months of scheduled work, including residential remodeling, commercial painting, and projects for established property management clients. Services include interior and exterior painting, kitchen and bathroom remodeling, basement finishing, and other renovation work.
There is significant room for growth. The company currently invests just $500 per month in digital marketing while generating regular inbound inquiries. A new owner could expand advertising, add crews, strengthen property management relationships, and pursue larger projects that the current owner has chosen not to take on.
The seller is transitioning into a new career in healthcare and is committed to helping the new owner succeed. Hands-on training, customer introductions, and operational support will be provided following closing, with the flexibility to arrange an extended transition if needed.
This is an attractive opportunity to acquire an established home services business with an experienced team, loyal customer base, ongoing projects, and the flexibility to maintain the existing operating model or pursue further growth.
Property Features and Assets:
<p>Multiple opportunities exist for growth under new ownership. Strategic investments in digital marketing, referral partnerships, and geographic expansion could further increase brand awareness and lead generation. The business is also well-positioned to increase average project values through cross-selling its painting and remodeling services while expanding operational capacity through the addition of crews or contractors. Its broad service offerings and established reputation provide a strong foundation for continued growth.<br></p>
Market Competition and Expansion:
<p>The painting and remodeling industry remains highly fragmented, creating opportunities for well-established operators to differentiate themselves. With more than 20 years of operating history, diversified service offerings, and more than 70% of business generated from repeat customers and referrals, the company has built a reputation for professionalism, reliability, and quality workmanship. Clean financial records, written contracts, numerous five-star reviews, and a loyal customer base further position the business for continued success under new ownership.<br></p>
Additional Details:
- The property is Leased.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity