Listing Number: 3122021-585072
Description
This commercial and residential painting contractor has been in business for almost 20 years. It has multiple, veteran crews that require little to no supervision and a bookkeeper that manages the finances. To be successful, this opportunity requires someone to manage the day-to-day and keep the work flowing.
While it has traditionally been run as an owner-operator, there is no reason this can’t be run absentee moving forward.
This turnkey business comes complete with real estate and all trucks and equipment needed for a new owner to take over and start making money. There is also a 9-month backlog of work to allow new ownership plenty of runway to learn the business.
Seller financing is available for the right buyer.
Financials provided are through December 9, 2023.
Listing Details
- Price: $ 3,900,000
- Down Payment: $2,000,000
- Sellers Discretionary Earnings: $ 816,871
- Total Sales: $ 2,595,554
- Location: Queen Anne's County, Maryland
- Inventory: $ 140,000
- FF&E: $ 0
- Employees: 12
- Year Established: 2003
- Reason for Selling: Focus on Other Opportunities
- Category: Construction