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Commercial Painting Company For Sale
Location British Columbia,Canada
Asking Price Range $250K - $500K
Gross Revenues $895000
Net Profit / Cash Flow $111000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 10 - 19
Inventory 51000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Seller will provide full operational Training!
Reason for Sale Relocation
Description This is an excellent opportunity to acquire a well established and very profitable mid-size commercial painting company. Operating in the Metro Vancouver Region for eight years, this company has earned a strong reputation by being reliable and providing quality workmanship.
The majority of their work is derived from exterior painting services to commercial, light institutional and industrial clients. They have established excellent business relationships with strata corporations and property management firms that provide consistent work. As a fully licensed and bonded company, they are placed on the bid-list for government work including municipalities, school districts, universities and various provincial departments.
There is ample revenue growth potential for a new owner to pursue. The current owners have chosen to operate the business for nine months of the year allowing them to take extended time off in the winter months. A new owner could expand and leverage the brand of the company by offering interior painting services to the existing client list, and by soliciting new customers.
Previous painting experience would be an asset, but not mandatory. The seller will provide full training on estimating, project management and administration duties to ensure a smooth transition. The company hires up to 20 painters during the season to carry-out the work. This business can operate as a home-based business allowing for minimal overhead expenses.
For full information, contact Gordon Villeneuve 604-808-3403.
Click Here To Contact Seller
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