Nationwide Commercial Painting Contractor

Nationwide Commercial Painting Contractor

Large Well Known Clients and Great Contracts

Description: http://imavex.vo.llnwd.net/o18/clients/fixedfee/images/medical.jpgCentral Indiana
Listing Number:
 2520

Financial Information

Asking Price: $2,200,000 
Real Estate: Leased Facility 
Gross Revenues: $3,600,000
Cash Flow: $500,000
Equipment Value: $850,000

Business Description

Specialty Commercial Painting Contractor has nationwide business with high profitability and large volume contracts. Lots of repeat business with multiple property management / real estate developers. It does require significant travel, but the rewards are well above average. The owners have enjoyed the business over many years, but it is now time to retire. Over $850,000 in equipment.

Business should qualify for SBA financing for the right buyer with 20% ($440K) down payment.

General Information

Facilities: The business will need to be relocated to a new location in the Indianapolis metro only. It is most likely NOT relocatable anywhere without collateral employee loss. (Home Based)

Growth & Expansion: The business can easily be expanded by picking up new clients. The company is fully capable of any sorts of interior or exterior work in their field. The current owners are satisfied with their net income and grow only at a modest rate..

Employees: 20

Financing: A qualified buyer should be able to obtain SBA financing with 20% down

Support & Training: The seller will provide necessary support and training

Reason Selling: Retirement

Contact Information


Contact:
 Scott Lands
Phone: 317-333-6655 x 104

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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