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Commercial And Residential Painting Contractor In Richmond For Sale

Richmond, Virginia, US
Asking Price:
$1,170,000
Sales Revenue:
$2,000,000
Cash Flow:
$396,000

Established painting and construction services company serving the greater Richmond, VA metro for 20+ years. ~$2M annual revenue with 71% gross margins and ~$391K in seller's discretionary earnings (2025). Asking $1.17M (~3.0x SDE).

The business is fully owner-independent. The owner has relocated out of state and the 23-person team including a sales manager, commercial estimator, office admin, and 4 field crews continues to operate day-to-day without owner involvement. SOPs are documented and management is committed to staying post-sale.

Holds a Virginia DPOR Class A contractor's license and is EPA lead-certified. Services include interior/exterior painting (primary revenue driver), pressure washing, deck staining, cabinet refinishing, drywall repair, and minor carpentry across a ~30-mile service radius. 4.9-star Google rating with strong repeat and referral business.

Gross margins expanded significantly in 2025 as the company transitioned from a subcontractor-heavy model to a fully in-house crew operation. The business enters 2026 with a growing commercial pipeline and over $1M in sold jobs already booked for 2027.
Owner is retiring. Full management team in place.

Detailed financials and a Confidential Information Memorandum available to qualified buyers upon execution of an NDA. Represented by Perry Street Partners.

Property Information

Real Estate:

Lease

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retiring and moving out of state

Employees:
23
Years established:
20

Other Information

Support & training:

Owner plans to advise the buyer for 6-12 months post-close to ensure a smooth transition

Owner financing:
Owner financing is available. Please contact the seller for more information.
Related Documents: