Union Commercial Painting Company
Location Ohio,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3200000
Net Profit / Cash Flow $549000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1983
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Leased
Description This union commercial painting company is extremely profitable. It has seen at least a 10 percent growth each year since the owner took it over from his father in 1991. During current ownership, its gross sales have grown from around $300,000 to more than $3.3 million. The company, which does painting, wall coverings and drywall, has become successful in part because of its efficient workers, quality work and affordable prices.
The business leases a 2,300-sq-ft upscale office with an executive suite in a business park. It is in a small, affluent community with strong school districts. The town is near a large city with plenty of recreational opportunities, museums and other attractions. The owner might be willing to stay on for up to three years following the business sale to help facilitate a smooth transition.
Established: 1983, current ownership began in 1991.
Employees: 27 fulltime.
Facilities: A leased 2,300-sq-ft office.
Contact for more information on this Commercial Painting business for sale.
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