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Contract Painting Business For Sale

Waterloo Region, Ontario
  • $120,000
  • (Furniture / Fixtures included)

Sales revenue:
$370,000
Cash flow:
$100,000
Contact Seller
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This company provides interior and exterior commercial and private painting for Non-Profit Housing, Co-Ops, Municipal & Regional Government Contracts and private painting. They also specialize in Municipal Fire Hydrant Cleaning and painting throughout Ontario and have provided subcontracting services for Watermain Supply Companies and Hydrant Service Companies. This business normally has 4 full-time and several part-time painters working for them and also has subcontractors that have worked with them since 1998 that have looked after cleaning and painting fire hydrants. Currently the owner spends 5 months per year in Florida and now wished to completely retire. The company is currently run out of the owner’s house and garage. Most tools are on the trucks and the Employees drive trucks from their homes to jobsites and pickup supplies at the owner’s home when necessary. Typical customers include a diverse clientele of private individuals and commercial and industrial clients. These clients are usually from the Municipal Housing Companies, Non-Profit Companies, and the Municipal Water Department of cities in the area. The business has strong margins and profits. The reasonable price includes 2 vehicles and all equipment necessary for Hydrant cleaning and painting. This company would be perfect for someone interested in acquiring a hands-on business that can grow with very low overhead. For more information please contact Robert Mitchell at -----------@--------------.--- -- ------- --- -- --- ------- --- ------------ ---- ------------



Real Estate:
Lease
Premises details:
$N/A

Employees:
Full Time: 4, Part Time: 4
Years established:
18
Financing available:
Downpayment Required: $0
Furniture / Fixtures value:
$17,000 (included in the asking price)


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