Well-Established, Scalable Commercial Painting Business – 19 years!
ASKING PRICE: $1,850,000
LOCATION: Carbondale, Colorado
GROSS REVENUE: $3,763,288
CASH FLOW: $336,481
EMPLOYEES: 25
INVENTORY: $1,000 (Included in price: Yes)
YEAR ESTABLISHED: 2005
FFE: $240,000 (Included in price: Yes)
Founded in 2005, this company is a leading player in the commercial painting industry serving the Western Slope and mountain communities of Colorado, from Aspen to Vail and west to Grand Junction and Moab, UT. With a seasoned team and loyal customer base, the company has established a strong presence in this market. Their expertise lies in providing high-quality painting services primarily to commercial clients, while serving some residential homeowners and HOA’s. The company is poised for growth and expansion with an operations manager and team of 25 employees in place. This company would be an excellent business for an investor or individual entrepreneur with business development and leadership skills or an add-on to a painting or adjacent industry business looking to expand their Western Colorado presence. The current owner is semi-absentee.
Key Highlights:
• Operating successfully since 2005, the company has a solid foundation and proven track record in the painting industry.
• Strong backlog of future projects are already booked, plus high percentage of repeat customers, ensure a steady revenue stream for a new owner.
• This is a turnkey operation for a seamless transition to new ownership, including vehicles, equipment and dedicated/skilled employees in place.
LOCATION: Carbondale, Colorado
FACILITIES:
The company operates out of office space in Carbondale, CO with an assignable lease.
COMPETITION:
Competition includes other local and Denver based painting contractors. No one has the industry relationships that this company has developed over 19 years contributing to a consistently high percentage of orders from repeat customers.
POTENTIAL GROWTH:
The company has relied on referrals and word-of-mouth. Implementing a sales/marketing plan, including, sales, website and social media, would be a first step to scale this business.
SUPPORT & TRAINING:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
FINANCING/TERMS:
The Seller will entertain offers of varying financial and legal structures.
REASON FOR SELLING:
Other Business Ventures
LISTING ID: 202420
