Business Summary:
Excellent opportunity to purchase a well-established, branded residential and commercial paint contractor. Company has served local community for more than twenty years and is part of one of the top ranked paint franchise organizations in the country, providing a well-developed system that offers extensive training, marketing, and ongoing support. New owner will purchase an established operation that includes experienced contractors, proven sales and marketing strategies, and a solid referral business from longstanding presence and reputation.**Seller will provide 5% Seller Financing, based on the overall terms and structure of the transaction and qualifications of the buyer. The Seller Financing option will be on full standby (no principal or interest is paid, but interest accrues) for the life of the loan to qualify as part of the buyer's down payment.
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| Year
Business was Established: 2006 |
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| Number of Employees:
2 FT |
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| Facilities / Terms of Lease:
The Company operates out of an 800-900 sq ft office unit in a multi-tenant business park, less than one mile from a major interstate. |
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| Potential
Growth/Expansion:
The Seller operates the business without employees. However, a new owner could hire a sales associate to handle residential sales and focus on growing the commercial business. Revenue could also grow by offering more specialty services like epoxy coatings, expanding their capacity to paint kitchen cabinets, and adding lead remediation services. |
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| Competition:
The commercial and residential painting market is highly fragmented. The Seller estimates that no one provider has more than a 5% market share in the area. |
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| Owner
willing to finance:
$17,475 down/$17,475 over 120 mos. @ 10.25%/Other Financing. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Semi-retirement. Spend more time with children. |
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Seller Reference Number: 1309-18906
BusinessMart.com Listing Number: 316187 |
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on this business
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