Exemplary Painting Contractor - Healthy Cash Flow
www.GlobalBX.com
Listing ID:
700266307
Listing Title:
Exemplary Painting Contractor - Healthy Cash Flow
Quick Link:
http://www.globalbx.com/listing.asp?bId=266307
Industry:
Business Services
Industry Segment:
Construction
Country:
United States
State / Province:
California
Area
Northern California - Bay Area
City:
Ukiah
Asking Price Range:
$250K - $500K
Gross Revenues:
$451,652
Cash Flow:
$103,324
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1963
Number of Employees:
6 - 9
Business Description:
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
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