Tri-County Profitable Commercial Painting Contractor | Transworld Business Advisors
UA-80142373-1

Tri-County Profitable Commercial Painting Contractor

Listing Number: 0101-626947

Description


Profitable painting contractor in South Florida specializing in painting and waterproofing offices, warehouses, hotels, retail outlets, medical and industrial facilities (no residential). Established for over 20-years, they thrive on an excellent reputation for getting the job done, on time and within budget. Well-trained staff of W-2 employees in place, owner Does Not paint! About 20-longstanding clients (property managers, developers, general contractors) in place with very limiting advertising or networking being done. Seller is seeking to retire from the industry, however would consider staying on as a salesperson or even undertake a majority recapitalization, to further grow the business beyond their current means. All buyers must be pre-qualified prior to disclosure. Down payment is based on new SBA guaranteed financing. 2019 figures are based on the June 30th P&L.

Listing Details

  • Price: $1,900,000
  • Down Payment: $392,000
  • Sellers Discretionary Earnings: $434,452
  • Total Sales: $1,212,467
  • Location: Broward County, Florida

  • Inventory: $1,000
  • FF&E: $80,000
  • Employees: 12
  • Year Established: 1996
  • Reason for Selling: Retirement or Majority Recap
  • Category: Construction

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