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Exemplary Painting Contractor - Healthy Cash Flow
Location: United States -> California -> Northern California - Bay Area -> Ukiah
Industry: Business Services > Construction




Business Summary

This business was established in the Ukiah Valley in 1963, located at the Gateway to the Redwoods, 120 miles north of San Francisco on Highway 101. Originally the business was a CA licensed painting contractor. In the past 30 years the business expanded into a licensed general construction and painting contractor. It is a highly dependable organization, with expertise in remodeling, home repairs, and finish construction for services in all residential, commercial, and industrial projects. The business does most or all work with its own employees. The subcontractors of the business have provided services since the 1980's. All necessary equipment is owned outright and is included in the sale of this business.

Due to its involvement in the community and the quality finish work they provide, this business boasts a large roster of longstanding and loyal clientele. It requires little advertising, though advertising is conducted online through email, the company webpage, Yellow Pages, etc.

The present owner moved to the Ukiah Valley in 1983 to seek a more family-friendly setting to raise his young family, and the business has been under his ownership for the last 33 years. Due to its reputation and expertise, the business only contracts work in a fifty mile radius of its home base.

The facility that houses this business is a 3,600 square foot warehouse which includes space for 6 vehicles, a spray booth for painting, an office complex, and a lock-down area for high-security needs. All necessary equipment is owned outright and included in the sale. Some (but not all) physical assets include, two Chevrolet chassis service trucks, one GMC service truck, one Ford flatbed truck, one Chevrolet 30 ft boom truck, 9400 lb dump trainer, four 3500 PSI power washers, six Graco industrial airless paint sprayers, one hydraulic airless mastic sprayer (for roof coatings), table/chop saws, HEPA equipment (for hospital work).

Asking $499k
Call 866.367.4198


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $451,652
Cash Flow:   $103,324
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $162,850
Seller Financing:  Not Disclosed

About The Business

Year Established:  1963
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Currently, the business has 7 active full-time employees. The business has staff and management in place to help a new owner successfully manage the transition, and to provide continuity after the owner's departure that clients know and trust. The general manager has been with the company for decades, and will remain with the company to assist a ne
Reason For Selling:  Retirement

Photos

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Exemplary Painting Contractor - Healthy Cash Flow Photo 1




Print Listing Id: 700266307
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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