Established Painting Contractor for sale

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Current Contractor started his own painting business in 2015. It grew from a small family business to 13 employees. They currently use ADP and it offers a 401K plan. Employees & Contractor Titles: * 4 Crew leaders * 1 Sr. Journeyman * 3 Journeymen * 4 Painter Helpers Business Services include: * Residential interior and exterior * Commercial interior and exterior * Cabinets * Patio Covers Requires C33 Painting and Decorating License Uses personal shop for $750 a month. Shop is located at personal residence and may also be included in the sale if a buyer is interested. The owner's wife is the bookkeeper and there are no other family members working in the business. There are advertising contracts with Google including Yellow Pages. Customers are required to pay a 10% deposit to schedule jobs. Customers are given a 1 year warranty from the date of completion

Financial Information

  • $550,000 Asking Price
  • $758,451 Cash Flow
  • $1,083,501 Gross Revenue
  • On request Down Payment
  • Yes Financing

Business Location

  • City: Confidential
  • State: California

Support / Training Comments

  • Seller will negotiate a transition period

Financing Comments

  • Seller or Third Party Financing available for a qualified buyer

Detailed information

  • Home Based: Yes
  • Franchise: No
  • Relocatable: Yes
  • Part time Employees: N/A
  • Real Estate Included: No
  • Monthly Rent: N/A
  • Real Estate Available: No
  • Fulltime Employees: 13
  • Real Estate Value: N/A

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Business Listed by Sunbelt of Bakersfield
Contact
John Willingham
Listing ID
BAKERCA001-47362
Office Phone (661) 323-2358
License Number
BRE 556588

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