Great opportunity to own a successful, well established, five(5) days per week, general construction and painting company that has been in business for well over thirty(30) years.
This high-quality acquisition has been operating for over three decades, from humble its beginnings as a painting company to now being a general construction services provider. Its track record of growth and success is a testament to its reliability and partly due to its longevity in the industry. Most of its Construction & Painting’s projects stem from repeat clients and referrals, eliminating the need for active advertising. This underscores the business’s reputation for providing quality work and strong relationships with its client base.
The current owner is not involved in the business’s on-site activities, working approximately 15 hours per week on tasks such as billing, drafting proposals, and general accounting responsibilities.
The current owner has opted to refrain from pursuing the business’s further growth, maintaining its current scale and focusing on accepting solely repeat clients and referrals. However, there is untapped potential for substantial growth that the incoming owner could pursue, such as by establishing a more prominent presence on social media platforms and engaging in advertising initiatives.
Business Highlights:
Gross revenues F.Y 2023: $1,793,002.00
NET/SDE F.Y. 2023: $461,484.00
Employees/Staff
10 full-time. 2 part-time, 5 contractors
Owner Participation: Remote/Off Site, 15 hours per week
Low Rent: 2,500.00 per month, long term lease available.
Licenses:
Current Ownership: B, C-8 & C-33 California: B, C-8 & C-33
ALL potential buyers must Sign an NDA, Completed Buyer Profile agree and understand that no direct communication with the facility or administrative staff what-so-ever is expected as a part of the pre-due diligence phase of the sale.
Disclaimer: The seller is responsible for proving the accuracy of any information provided to the buyer’s satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by us, its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Interested parties are encouraged to seek the counsel of their accountant, attorney and other advisors/experts.
