Established Baby Boomer Painting Business

Description

Are you ready to take advantage of an established and highly regarded painting business with relationships already in place? Look no further, this business is priced to sell as the owner is looking forward to retirement! We are excited to present an outstanding business opportunity for sale, specializing in painting residential homes, HOA properties, and about 5-10% pressure washing. This established business comes fully equipped with a long time employee, a loyal customer base, skilled subcontractors, a stellar reputation, and a detailed process for delivering top-notch results. This 29-year-old painting business has weathered the test of time and has proven to be a financially rewarding enterprise. With no office space necessary, this business can be run from your home office with minimal overhead expense. This owner works full-time in the business. This painting business has had an ongoing relationship with 2 HOA communities for over 5 years. According to a recent report published in a major periodical, the greater Wake County area is one of the top 25 fastest-growing areas in the country. This real estate market is primed for homeowners to increase the value of their existing properties. Because of this trend, this painting business should experience tremendous growth in the next few years.

Listing Details

• Listing Number: 67675-470747
• Location: Wake County, North Carolina
• Price: 185,000.00
• Down Payment: 185,000.00
• Sellers Discretionary Earnings: 157,313.00
• Category: Construction


• Inventory: 5,000.00
• FF&E: 12,000.00
• Employees: 2
• Years Owned: 29
• Reason for Selling: Retirement