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Long Standing-profitable Painting & Drywall Co. For Sale

Not Disclosed, Texas, US
Asking Price:
$599,999
Sales Revenue:
$1,338,576
Cash Flow:
$233,236

Here is an exceptional opportunity to acquire a thriving residential painting and drywall company that has set the standard for quality and customer satisfaction in the industry. This well-established 20+ year business, headquartered in North Texas is now listed for sale, offering a unique proposition for entrepreneurs looking to buy a stable business that produces consistent profits year over year with a proven 20+ year track record.

Key Highlights:

1. Strong financial performance:

Consistent and healthy financial performance over the years

Consistently over $1 million in revenue last 4 years and on pace to match or exceed this year

Attractive opportunity for those looking for a stable and profitable business

2. Repeat customer base:

Robust base of repeat customers that will transfer to the new owner

Current owner will assist with this

25-40% of annual revenue is from repeat business and referrals any given year

3. Loyal crew of painters willing to stay onboard:

Currently utilizing 12 painters that are willing to stay on board

The owner has used the same 12 painters for the last 15 years

Excellent painters with their own vehicles & necessary tools

4. The owner’s day-to-day duties are as follows:

Answer phone & schedule appointments for bids

Perform bids/quotes

Ensure all materials and paint are at job sites daily for the crews

Visit each job site daily to ensure quality performance

Handle all customer relations

5. Lucrative growth potential and expansion:

Increasing online marketing efforts to target adjacent geographic areas

Currently heavily focused in Collin County, Dallas County & Sherman County

Hiring a sales manager to increase the ability to do more bids and ultimately win more jobs

Focusing more marketing efforts on Commercial job opportunities (currently only 5-10% of revenue)

6. Established operation that comes with the following:

Seasoned team of 12 subcontractors

Solid customer base

Established vendor relationships

Established operational framework that can be built upon

This residential painting and drywall company is a gem in the local market, poised for continued success and growth under new ownership. Whether you are an experienced industry professional or an entrepreneur seeking a reliable and profitable venture, this opportunity should not be missed.

Don't miss out on the chance to own a reputable and well-established residential painting and drywall company that prioritizes quality, customer satisfaction, and sustainable growth.

Property Information

Premises Details:

Home based. All of the contractors have their own vehicle/tools and the owner provides daily material for jobs.

Business Operation

Expansion Potential:

The addition of another employee on the management team or a salesperson to assist with job expansion into surrounding counties can significantly contribute to the company’s expansion by increasing its ability to bid and accept additional jobs to increase revenue. In addition, targeting the company’s marketing efforts toward more commercial opportunities could contribute to additional growth of the company since the size of commercial jobs are typically larger than the size of residential jobs.

Competition / Market:

There is a normal level of competition in this particular industry, but this company has proven its durability over the last two decades and has a strong reputation for its outstanding workmanship that is proven by its ongoing referral base and repeat customers.

Reasons for selling:

Retirement.

Trading hours:

Monday-Saturday 8am-6pm

Employees:
1 FT
Years established:
24

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

Financing available:

Lender pre-screened with $60,999 down.

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.