Business Summary:
Here is an exceptional opportunity to acquire a thriving residential painting and drywall company that has set the standard for quality and customer satisfaction in the industry. This well-established 20+ year business, headquartered in North Texas is now listed for sale, offering a unique proposition for entrepreneurs looking to buy a stable business that produces consistent profits year over year with a proven 20+ year track record.Key Highlights:1. Strong financial performance: Consistent and healthy financial performance over the years Consistently over $1 million in revenue last 4 years and on pace to match or exceed this year Attractive opportunity for those looking for a stable and profitable business2. Repeat customer base: Robust base of repeat customers that will transfer to the new owner Current owner will assist with this 25-40% of annual revenue is from repeat business and referrals any given year3. Loyal crew of painters willing to stay onboard: Currently utilizing 12 painters that are willing to stay on board The owner has used the same 12 painters for the last 15 years Excellent painters with their own vehicles & necessary tools4. The owner’s day-to-day duties are as follows: Answer phone & schedule appointments for bids Perform bids/quotes Ensure all materials and paint are at job sites daily for the crews Visit each job site daily to ensure quality performance Handle all customer relations5. Lucrative growth potential and expansion: Increasing online marketing efforts to target adjacent geographic areas Currently heavily focused in Collin County, Dallas County & Sherman County Hiring a sales manager to increase the ability to do more bids and ultimately win more jobs Focusing more marketing efforts on Commercial job opportunities (currently only 5-10% of revenue)6. Established operation that comes with the following: Seasoned team of 12 subcontractors Solid customer base Established vendor relationships Established operational framework that can be built uponThis residential painting and drywall company is a gem in the local market, poised for continued success and growth under new ownership. Whether you are an experienced industry professional or an entrepreneur seeking a reliable and profitable venture, this opportunity should not be missed.Don't miss out on the chance to own a reputable and well-established residential painting and drywall company that prioritizes quality, customer satisfaction, and sustainable growth.
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| Year
Business was Established: 1999 |
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| Number of Employees:
1 FT |
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| Facilities / Terms of Lease:
Home based. All of the contractors have their own vehicle/tools and the owner provides daily material for jobs. |
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| Potential
Growth/Expansion:
The addition of another employee on the management team or a salesperson to assist with job expansion into surrounding counties can significantly contribute to the company’s expansion by increasing its ability to bid and accept additional jobs to increase revenue. In addition, targeting the company’s marketing efforts toward more commercial opportunities could contribute to additional growth of the company since the size of commercial jobs are typically larger than the size of residential jobs. |
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| Competition:
There is a normal level of competition in this particular industry, but this company has proven its durability over the last two decades and has a strong reputation for its outstanding workmanship that is proven by its ongoing referral base and repeat customers. |
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| Owner
willing to finance:
Lender pre-screened with $60,999 down. |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Retirement. |
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| This business is Home Based.
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Seller Reference Number: 6020-18036
BusinessMart.com Listing Number: 304034 |
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