Pinellas Commercial Painting $169K Owner Ben! Top Crew! Home-Based!
Listing ID: 890700113
One of the area’s oldest and most respected commercial painting contractors, this Largo-based commercial painting company has been in business for decades. Owner retiring. They have completed exterior painting, waterproofing, concrete and building restoration, and stucco and wood repair in thousands of buildings in Pinellas, Hillsborough, and Pasco Counties. Have maybe the most experienced crew in this business. They have an outstanding reputation for quality as a result of their long-term skilled crew. Annual sales have been consistently about $1M. No marketing or advertising has been done for years. Customers are all there entirely because of reputation and word-of-mouth. There is easy opportunity for a new owner with marketing savvy to quickly grow sales. Just purchased a 50-FT Boom Niftylift SD50D for $60K. This will pay for itself in no time. This piece of equipment costs over $2,500/month to rent. Lots of other equipment equipment and vehicles convey with the sale.
Down Payment: $416,000
Cash Flow: $145,904
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE Included: Yes
Inventory Included: No
Year Established: 1967
Days & Hours of Operation: Mon - Fri - 9 - 5
Owner Hours Per Week: 40
Square Footage: 1500
Reason For Sale: Retirement
Training & Support: Owner willing to negotiate staying on to facilitate the new owner's transition and pass on all relationships.
Owner willing to negotiate staying on to facilitate the new owner's transition and pass on all relationships.