Commercial Painting Company
ASKING PRICE: $760,000
LOCATION: Denver Metro, Colorado
GROSS REVENUE: $1,300,000
CASH FLOW: $256,000
EMPLOYEES: 3 FT and 1 PT
YEAR ESTABLISHED: 2014
FFE: $15,000 (Included in price: Yes)
Since 2014, this fast-growing painting company has provided interior and exterior commercial painting services throughout the Front Range of Colorado. Projects have included schools, fire stations, police stations and many well-known government buildings. The company has well established relationships with many general contractors (including some of the largest in Colorado).
Gross sales have increasing 14% each of the past several years and the projected growth for 2022 is 20%+.
The current owners live out-of-state and are managing and growing this company remotely. With a solid customer base, recurring business, reputation for quality products and services, exceptional customer service, impressive trend line, proven crews and a long list of references, this company is positioned for continued cash flow and growth!
LOCATION: Denver Metro, Colorado
FACILITIES:
Currently run from out-of-state.
COMPETITION:
Competition is primarily other large, well-known commercial painting companies. However, this company has established themselves as the “go-to” painting contractor with many GC’s in the Denver market.
POTENTIAL GROWTH:
The market outlook for this industry in the Colorado is very strong with plenty of room for growth. The company is currently growing by word-of-mouth alone; no advertising. A new owner could initiate a sales and marketing plan to grow more rapidly AND consider expanding into residential, offering flooring products, clean-up services, etc.
SUPPORT & TRAINING:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
FINANCING/TERMS:
The Seller will entertain offers of varying financial and legal structures.
REASON FOR SELLING:
Looking to start a different business in another state.
LISTING ID: 202302
