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Asking Price$1,500,000
Revenue$2,100,000 Established1978
Cash Flow$520,000 Employees14 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed Home-basedYes
* Included in Asking Price
This Commercial Painting Company began in 1978 and has been providing interior and exterior painting for commercial, industrial and residential buildings ever since. This includes all the necessary site preparation and analysis. Their primary focus has been on major construction projects for general contractors and direct contract for schools, government, commercial and office projects.

The company has many attributes including:

-Multiple long term contracts in place

-Reputation for the highest integrity on every job and schedule

-Highly trained in OSHA Standards, great training for staff and fully unionized work force.

They are qualified at the highest level for commercial jobs including their Certified Payroll Program that is necessary for all Union/Pubic Work, as well as participation in a "Market Recovery" program that the Union underwrites to allow competitive bids on private or non-union jobs.

Required Licenses: Business, Contractor

Real Estate Number: BRE 556588
Competition:The Seller believes that the Buyer could grow this business in a variety of ways including bid on more jobs, increase market share in repaint work and expand on opportunities in the residential market.
Growth Potential:From an IBIS World analysis, "a healthy expansion in the housing market, along with renewed growth in the non-residential construction market, will likely drive steady growth over the coming years". The markets in which the company is a significant player are in a consistent growth mode, and the risk is greatly spread among a diverse group of client types, public and private, direct and general contractor.
Training/Support:Seller will provide eight (8) weeks of training at 20 hours per week. Seller will consider additional support/training for up to one (1) year at agreed upon terms and conditions
Seller Financing:Some seller financing may be available on a case by case basis. Price is reflective of an all cash
Sale Reason:Retirement
Ad #129620
Seller Reference #BAKERCA001-N970
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Contact This Seller
John Willingham
(661) 323-2358
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