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 $1MM in revenue last 4 years + 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
– Owner does not do any painting, the crews do this
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 sales manager to increase ability to do more bids and ultimately win more jobs
– Increase marketing efforts toward Commercial job opportunities (commercial is 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.
