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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Custom Residential Painting

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $500000
Net Profit / Cash Flow  $250000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1979
Number of Employees  1 - 3
Inventory  35000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train.
Reason for Sale  Other ventures.
Description  Quality workmanship for over 28 years for Custom Residential Repaints - Interiors and Exteriors throughout Orange County. This licensed and bonded contractor has a repeat and referral client base that keeps his full-time crew of 3 plus himself fully engaged and maintains a backlog from 2 to 3 months. They specialize in only residential repaints. Masters of the Fine Finish. Jobs are high-end but fairly priced for the quality and care delivered. Revenues have ranged in the $250,000 to $275,000 range with seller's discretionary earnings in the $110,000 + area. However, in the first 6 months of 2007 the revenues have doubled and the seller expects his revenues to hit $450,000 and seller's discretionary earning to be $200,000. Owner said this is in part due to his more aggressively bidding for jobs, better profit margins and adding the third painter. He says 70% of his customers are not price shoppers, as long as he is fair. The average job ranges from 5 to 8 days with some larger ones more than a month. Virtually no advertising is necessary. Owner has a new company truck with logo and all new equipment replaced within the last year or two, which are included in the price. Owner said the business is transferable to a buyer who will maintain the quality and care reputation this company has earned. Requires a C-33 license. Office is in his house. Owner has other ventures in life that he wants to pursue. Contact for more information on this Residential Painting business for sale.
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