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Very Profitable Painting Business For Sale

Price: $599,000

Location: Kalispell Montana, Flathead County

Industry: Service Businesses

Listing ID: Painting Business

Since 1992, This Painting and Drywall business has been a leading, full-service painting contractor. The owner, who has more than 30 years of experience in professional painting, was inspired by God’s Natural Beauty across Northwest Montana.“We like to be very detailed oriented” which is a tradition of excellence.
The business has been in operation for 25 years and has years of consistent sales and profits. An old fashion work ethic has enabled the business to obtain an award-winning attention to detail reputation. The owner said in addition to that, “we pride ourselves on being on time, telling you what we will do, and doing what we tell you we will do.” The owner and his team have completed several landmark projects of all shapes and sizes over the years across the region. This is a business a buyer can feel comfortable stepping into with a general manager that can run day to day operations. The owner is willing to work for the new owner in the capacity for an easy transition. With the constant growth in the Flathead Valley, the demand for painting is tremendous. Per the owner, “Lots of work is already scheduled on the books for 2019 and much more is in progress. The demand is strong.”

Listing Details

Total Sales: $1,306,157

Cash Flow: $272,267

FFE: $215,000

Inventory: $15,000 (Included in Price)

Terms and Conditions?:

Cash, Seller Finanacing

Reason For Sale:

Other Business Interest

Training & Support:

2 weeks

Operation

Year Established: 1992

Days & Hours of Operation: Monday -- Fiday 9-5

Owner Hours Per Week: 20 hours

Employees: 12

Managers: 1

Location

Relocatable?: Yes

Facilities Information:

The business is in a great the location with a very good lease rate and would be negotiable with good terms for the new owner.

Summary

Owner Qualifications:

The seller is committed to a seamless transition and will thoroughly train a new owner in all aspects of the business. If the new owner desires to employ the seller as project manager of the business for a longer term, an ongoing employment agreement can be considered by both parties. The owner has other business interest but wants to help insure a smooth transition. As stated previously, there is a general manager in place.

Competition:

There are many painting companies in the Flathead Valley but not many with reputation. • A longtime member of the Kalispell Chamber of Commerce • The Painting and Drywall business has received numerous honors for its services, including Building Excellence and Craftsmanship Awards from the Montana Contractors Association. • The business sale includes over $230,000 in assets and inventory. This company is reputable and large enough to bid substantial commercial jobs, which limits the competion!

Financing/Terms:

Cash, Seller Financing