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Residential and Commercial Painting Company

Location: Raleigh, NC

ID: (#200980)

200980
Price:$1,150,000
Revenue:$2,056,700
Cash Flow:$378,600
FF&E (Assets):$65,000
Inventory:$0
Real Estate:$0

Overview

This company was started in 2007 and is one of the largest and most recognized painting businesses in its area handling both residential and commercial painting projects of all sizes. The company has high brand recognition and has a 4.9 star rating on Google with over 110 reviews.

Details

Reason for Selling:

Health

Established:

2007

Employees:

4

Furniture, Fixtures, and Equipment (FF&E):

2021 Ford Transit Connect 2019 Ford Ecosport 2018 Chevrolet Cruise Computers Printers Office Furniture

Competition:

There is competition however this business has been voted as the one of the best painting companies in the area for the previous 5 years

Opportunities for Growth:

Marketing and selling to commercial clients is an untapped market. Segmenting these markets into healthcare facilities, hospitality, and managed residential properties along with others. Current staff has ability to handle increased revenues and jobs without additional hires.

Support and Training

As part of the purchase price, the owner will remain on board to facilitate a proper transition within the first 30 days as no cost to the new owner. The current owner is willing to remain on board for an extended transition per separate agreement.

Broker Contact Information

  • South Carolina - Charleston
  • By Appointment Only
  • Charleston, South Carolina
  • Real Estate Broker: