Highly Profitable Painting Contractor – 90% Repeat Clients | Nassau Co
Highly Profitable Painting Contractor – 90% Repeat Clients | Nassau Co
Established Painting Contractor - 25 Years of Proven Success/SBA Financing Available This is an opportunity to acquire a well-established, highly profitable painting business, successfully operating since 1999 in Nassau County, NY that is poised for expansion. At present, over 90% of the business revenue comes from repeat customers and referrals. The business has been pre-qualified for SBA financing, providing qualified buyers with the funds needed to complete the acquisition with a low investment of $150K. Revenue stability is enhanced by the high percentage of recurring customer relationships. A basic contractor's license is sufficient for ownership, and no prior painting experience is necessary. The business model is suitable for a minimal time commitment, making it suitable for owner-operators or professional managers. Based on projected income, this business was originally marketed at an asking price of $1.25MM, with seller financing. Although the seller strongly believes in his income projections, he is ready for retirement and asked that we negotiate a sale based strictly on reported income and a bank financed, all cash close. The business is a turnkey operation with established systems and procedures in place. Daily operations are managed with proprietary software solutions that monitor labor efficiency, project profitability, and performance metrics. The business is low overhead, operating from the seller's home, with an experienced manager overseeing an experienced working staff. The manager is expected to remain with the company. Qualified buyers must execute confidentiality agreements and provide financial qualification documentation prior to detailed financial review.
Owner has reached retirement age and desires more leisure time.
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)
Owner will remain for sufficient period to transition the business.
There are three main competitors in the area.
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. Presently 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.
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Highly Profitable Painting Contractor – 90% Repeat Clients | Nassau Co
Established Painting Contractor - 25 Years of Proven Success/SBA Financing Available This is an opportunity to acquire a well-established, highly profitable painting business, successfully operating since 1999 in Nassau County, NY that is poised for expansion. At present, over 90% of the business revenue comes from repeat customers and referrals. The business has been pre-qualified for SBA financing, providing qualified buyers with the funds needed to complete the acquisition with a low investment of $150K. Revenue stability is enhanced by the high percentage of recurring customer relationships. A basic contractor's license is sufficient for ownership, and no prior painting experience is necessary. The business model is suitable for a minimal time commitment, making it suitable for owner-operators or professional managers. Based on projected income, this business was originally marketed at an asking price of $1.25MM, with seller financing. Although the seller strongly believes in his income projections, he is ready for retirement and asked that we negotiate a sale based strictly on reported income and a bank financed, all cash close. The business is a turnkey operation with established systems and procedures in place. Daily operations are managed with proprietary software solutions that monitor labor efficiency, project profitability, and performance metrics. The business is low overhead, operating from the seller's home, with an experienced manager overseeing an experienced working staff. The manager is expected to remain with the company. Qualified buyers must execute confidentiality agreements and provide financial qualification documentation prior to detailed financial review.
Owner has reached retirement age and desires more leisure time.
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)
Owner will remain for sufficient period to transition the business.
There are three main competitors in the area.
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. Presently 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.
"*" indicates required fields
Established Painting Contractor - 25 Years of Proven Success/SBA Financing Available This is an opportunity to acquire a well-established, highly profitable painting business, successfully operating since 1999 in Nassau County, NY that is poised for expansion. At present, over 90% of the business revenue comes from repeat customers and referrals. The business has been pre-qualified for SBA financing, providing qualified buyers with the funds needed to complete the acquisition with a low investment of $150K. Revenue stability is enhanced by the high percentage of recurring customer relationships. A basic contractor's license is sufficient for ownership, and no prior painting experience is necessary. The business model is suitable for a minimal time commitment, making it suitable for owner-operators or professional managers. Based on projected income, this business was originally marketed at an asking price of $1.25MM, with seller financing. Although the seller strongly believes in his income projections, he is ready for retirement and asked that we negotiate a sale based strictly on reported income and a bank financed, all cash close. The business is a turnkey operation with established systems and procedures in place. Daily operations are managed with proprietary software solutions that monitor labor efficiency, project profitability, and performance metrics. The business is low overhead, operating from the seller's home, with an experienced manager overseeing an experienced working staff. The manager is expected to remain with the company. Qualified buyers must execute confidentiality agreements and provide financial qualification documentation prior to detailed financial review.
Owner has reached retirement age and desires more leisure time.
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)
Owner will remain for sufficient period to transition the business.
There are three main competitors in the area.
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. Presently 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.