Thriving, Established Paint Contractor w/Growth Potential(Nassau Co)
Thriving, Established Paint Contractor w/Growth Potential(Nassau Co)
Price: $1,250,000
Location: Nassau County, NY (Relocatable)
Industry: Construction
Listing ID: Rapt5603
This is an opportunity to acquire a highly profitable painting business, successfully operating since 1999 with a well-established reputation in Nassau County, NY poised for expansion. Presently, over 90% of the business revenue comes from repeat customers and referrals, demonstrating the business’s strong customer loyalty.
This business is ideal for an organized manager and no prior painting experience is necessary. A basic contractor’s license (easy to obtain) is required, but all technical work is handled by an experienced staff.
Total Sales: $1,680,000
Cash Flow: $368,000
FFE: $350,000
Reason For Sale:
Owner has reached retirement age and desires more leisure time.
Training & Support:
Owner will remain for sufficient period to transition the business.
Year Established: 1999
Monthly Rent: $3,000
Type of Location: This business is currently Home-Based
Facilities Information:
The acquisition includes all the assets required to operate a paint contracting business, including business accounts, trade names, websites, domain names, telephone numbers, etc. In addition to office equipment (computers, telephone system, desks, copiers, hand tools, etc. (Home Based)
Business Highlights:
- Established Success – Operating for 25 years with a loyal customer base
- Flexible Operations: The owner works from home, with most work completed by noon.
- Minimal Overhead – Home-based business with flexible operations
- Growth Potential – The owner has developed proprietary computer programs to track manhours & profits. -
- Easy to Learn – Painting can be trained on the job; no special schooling required
- Seller Support – The owner will remain for sufficient period to transition the business.
Competition:
There are three main competitors in the area.
Potential Growth:
The current owner, now reaching retirement, has intentionally limited growth despite having the systems in place to scale. A buyer willing to expand marketing efforts and add additional helpers can significantly grow the business.
resently over 90% of the business is primarily in Nassau County, from past accounts and referrals. Ownership is of the opinion that sales would increase by marketing in Suffolk County and NYC.
Financing/Terms:
Seller will consider providing financing on a case-by case basis at his sole discretion.
The seller is open to financing for a qualified buyer with:
- 30% down payment
- Good credit & proof of funds
- Strong management skills
For more information on this listing, please complete our Non-Disclosure Agreement
