Established, Scalable Commercial Painting Business
Carbondale, CO Garfield County
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- RE: Established, Scalable Commercial Painting Business
- Contact: Charles Spickert,
Quick Facts
| Asking Price: | $1,850,000 | |
| Annual Revenue: | $3,763,288 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $336,481 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $240,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | 25 | |
| BBN Listing #: | 952992 | |
| Broker Reference #: | 202420 |
Business Overview:
Founded in 2005, this company is a leading player in the commercial painting industry serving the Western Slope and mountain communities of Colorado, from Aspen to Vail and west to Grand Junction and Moab, UT.With a seasoned team and loyal customer base, the company has established a strong presence in this market.Their expertise lies in providing high-quality painting services primarily to commercial clients, while serving some residential homeowners and HOA’s.The company is poised for growth and expansion with an operations manager and team of 25 employees in place. This company would be an excellent business for an investor or individual entrepreneur with business development and leadership skills or an add-on to a painting or adjacent industry business looking to expand their Western Colorado presence.The current owner is semi-absentee.
Key Highlights:
• Operating successfully since 2005, the company has a solid foundation and proven track record in the painting industry.
• Strong backlog of future projects are already booked, plus high percentage of repeat customers, ensure a steady revenue stream for a new owner.
• This is a turnkey operation for a seamless transition to new ownership, including vehicles, equipment and dedicated/skilled employees in place.
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Property Features and Assets:
The company operates out of office space in Carbondale, CO with an assignable lease.
Market Competition and Expansion:
Competition:Competition includes other local and Denver based painting contractors.No one has the industry relationships that this company has developed over 19 years contributing to a consistently high percentage of orders from repeat customers.
Growth and Expansion:The company has relied on referrals and word-of-mouth.Implementing a sales/marketing plan, including, sales, website and social media, would be a first step to scale this business.
Reason for Selling:
Other Business VenturesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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- View more Businesses For Sale in the same industry
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