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Established Painting And Waterproofing Contractor In Lee County For Sale

Lee County, Florida, US
Asking Price:
$1,250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,771,429
Cash Flow:
$648,959

This offering is for a painting & waterproofing contractor focused on delivering top-quality painting and waterproofing at competitive prices to property management companies; local, state, and county government agencies; and condo associations.

Brokers: Will co-broke with BBF and AFLBB members as well as IBBA CBIs. All others shall be on a referral basis only.

Property Information

Real Estate:

Lease

Lease Terms:

Base rent is $2,317.01 with sales tax of $139.03 per month. The lease expires on July 31, 2024, and is renewable. There is a deposit on hand for last month’s rent of $2,119.64 and a security deposit of $1,800.

Leasehold Rent:

$27,804 per annum

Premises Details:

2,800 sq/ft office/warehouse space

Size in square feet:
2,800

Business Operation

Expansion Potential:

Opportunities for a buyer:
1. Expand into residential painting; hire an estimator for residential; hire crew or sub out.
2. Initiate advertising campaigns.
3. Continue to push for government contracts and commercial clients.

Competition / Market:

Detailed in the Confidential Business Review

Reasons for selling:

Retirement

Trading hours:

Monday through Friday

Employees:
10

Other Information

Support & training:

Four weeks of transition assistance at no charge

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

Available to a qualified buyer

Furniture / Fixtures value:
$194,500 - included in the asking price
Inventory / Stock value:
$1 - included in the asking price