Painting & Coatings Contractor w/ 5yr Transition

Name: Painting & Coatings Contractor w/ 5yr Transition
Brand: Transworld Business Advisors
Price: 1400000 USD
Availability: InStock

Listing Number: 87453-923708

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Listing Details

Price: $1,400,000

Location: Horry County, South Carolina

Down Payment: $1,000,000
Sales: $2,002,185
Seller's Discretionary Earnings: $397,294
Inventory: $33,000
Furniture, Fixtures, and Equipment: $257,500
Rent: $850
Employees:
Year Established:
Reason for Selling: Relocating/ Retiring

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Business Description

NOTE: ONE OF THE PARTNERS WILL STAY ON AS AN ON-SITE OPERATOR FOR UP TO 5-YEARS!
Please also note that this business is NOT eligible for SBA financing.
A father and son partnership has successfully built this highly profitable business. Father paints and son creates amazing finishes to patios, driveways, basements, garages and any place that needs weather-proofing and beautifying. The sale comes with well trained crews of Independent Contractors, a fleet of vehicles and more. The father is willing to negotiate terms allowing a buyer to keep him on for up to one year to ensure a smooth transition with maximum customer retention.