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Listed by:

Beacon

Highly Profitable Painting Business For Sale

Vermont, US
Asking Price:
$350,000 Furniture / Fixtures included
Sales Revenue:
$583,700
Cash Flow:
$228,000

Originally a painting and carpentry business, the current owner decided to cut the carpentry division to focus exclusively on painting. The painting division delivers higher margins and requires significantly less of the owner's time. This business has been routinely making the owners over $225k off of $600k in yearly revenues. With an SDE multiplier of 1.52, this long-standing business is priced to sell. There is a huge upside for a new buyer who wants to push into the commercial end. This region of the country has seen strong growth from NYC and Boston since the pandemic, leading to a large increase in demand for their services. Current property can be purchased with the business for an additional $190k. The owner has agreed to lease to the new buyer if that is their preference.

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

After 10+ years, the owners are off to their next great adventure!

Employees:
9
Years established:
23

Other Information

Support & training:

The current owners are willing to stay on for 3-6 months to help facilitate the transition.

Website:
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