SOLD!

Details

Asking Price:
 $750,000
Annual Sales:
 $1,600,000
SDE:
 $300,000
Inventory: 0
FF&E: $50,000
Real Estate: Lease
Employees: 1 FT Owner
1 FT/1PT
Location: Mountains Summit County
Reason For Sale: Retirement

 

Business Description

Painting contracting business established approximately 50 years ago that sets the standard for other painting businesses to compare themselves to. Customers vary from the public to general contractors for various developments. Covid didn’t shut this business down as it was considered an essential business. The last 3 years have produced an average increase in sales of 15% per year. The huge selling point with this business is the owner and the foreman will stay with the new owner for an extended period depending on the buyer’s requirements. With owner and foreman staying, this increases the value of the business.

Represented by Curtis Wray. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.