NEWTON CENTER, Massachusetts
| Asking Price |
$297,000 |
Year Established |
2019 |
|
| Annual Revenue |
$705,000 |
Reason for Selling |
Career path change |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$144,800 |
Listing Number |
1016566 |
|
| # of Employees |
3 |
Business Category |
Services: Home Improvement, Repair, Painting |
|
Business Overview:
Established and successful Residential and Commercial Painting business Franchise for sale in the Newton, Massachusetts area and surrounding cities territory. This Franchise business was launched in early 2019 and had annualized Gross Revenues of just over $700k in 2025. This is a well known nationwide painting company with excellent reviews and currently has earned a 4.8 Google Reviews rating with their local customers. No painting experience is required. Full training and support programs are included. This is one of the largest and most successful franchised painting businesses in North America.
Property Features and Assets:
<p>Turn-key business includes everything needed: includes fully trained painting crews (painters are experienced sub-contractors), all painting supplies, painting equipment, office equipment, office computers, office furniture, Marketing materials, signage and a wrapped vehicle. (Note - business owners do not do any painting - your painting crew handles 100% of the painting services.) Owner motivated to sell and will consider all reasonable offers. Painting is a high profit margin services business and properly managed, can yield profit margin percentages of 35-45%.<br></p>
Market Competition and Expansion:
<p>Newton, MA has an exceptionally prosperous, affluent and stable local economy driven by education, healthcare, technology and professional services. Median household income is approximately $195k per year. This creates a strong demand for year-round painting services and lots of long-term growth potential.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity