$2m Rev. Painting & Coatings Contractor w/ 3yr Buy Out Strategy!

Name: $2m Rev. Painting & Coatings Contractor w/ 3yr Buy Out Strategy!
Brand: Transworld Business Advisors
Price: 1400000 USD
Availability: InStock

Listing Number: 87453-923708

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Listing Details

Price: $1,400,000

Location: Horry County, South Carolina

Down Payment: $500,000
Sales: $2,002,185
Seller's Discretionary Earnings: $397,294
Inventory: $33,000
Furniture, Fixtures, and Equipment: $257,500
Rent: $850
Employees:
Year Established:
Reason for Selling: Relocating/ Retiring

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Business Listed By

Lawrence Paul

(843) 999-5543 [email protected]

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Business Description

NOTE: BUY OUT ONE OF THE PARTNERS NOW AND THE OTHER WILL STAY ON TO ENSURE A HIGH RETENTION RATE OF THE EXISTING CUSTOMER BASE. IN 2-3 YEARS THE BUSINESS WILL BE ELIGIBLE FOR SBA FINANCING AND YOU CAN BUY OUT THE SECOND PARTNER! A father and son partnership has successfully built this highly profitable business. Father paints and son creates amazing finishes to patios, driveways, basements, garages and any place that needs weather-proofing and beautifying. The sale comes with well trained crews of Independent Contractors, a fleet of vehicles and more.