Sunbelt Raleigh
Contact: Mark RichieOffice Phone: 919-787-0566 Mobile Phone:
Listing ID: RALEINC001-N715
Piedmont Triad Industrial Painting & Maintenance Services - Repeat Customers
Financial Information
- Asking Price: $645,000
- Gross Revenue: $818,132
- Cash Flow: $319,923
- Down Payment: ON REQUEST
- FF&E (Included): $150,000
- Inventory: $4,000
- Financing: Yes
Business Location
- Guilford
- Piedmont Triad
- North Carolina
--- UNDER CONTRACT -- This business is in the rare place of having very high demand from customers with little known competition for its services. That makes owning and operating this business a profitable and low risk venture. This is the business you have been waiting for!The services provided keep plants and machinery running at their highest efficiency and gives them long life. The service is essential, not optional, making demand constant. If the economy dips, demand actually increases, as refurbishing equipment is much more cost effective than buying new. All the work is performed within a 90 minute drive of the location meaning no overnight travel. Equipment is also brought to the company's facilities where it can be serviced and returned to the customer for use.The owner is active in the business but there is a foreman/project manager ready work with the new owner. The seller believes a new individual owner with energy can grow the company easily. He believes a larger company as new owner could triple the business without much trouble. No specialized knowledge of the equipment being refurbished is required. SBA financing available, for a qualified buyer. Contact Mark Richie for additional information on this opportunity.
Competition Description
Very limited
Growth / Expansion overview
Overwhelming demand makes growth easily attainable.
Support / Training Comments
Seller will negotiate a transition period
Reason For Sale
Retirement- Home Based: No
- Year Established: 1988
- Franchise: No
- Year Acquired: 1988
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Fulltime Employees: 3
- Part time Employees: N/A
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Monthly Rent: N/A