Painting Company , Marking Road and Pavement.

Augusta, ME
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Asking Price:$1,125,000
Gross Revenue:$1,100,000
Rent:$3,650
Established Year:2011
Cash Flow:$375,500
Inventory:$95,000
FF&E:$519,000
BUSINESS DESCRIPTION

Seller is retiring - Great Service and Reputation

***Confidential Listing. Not in the indicated location.***



This pavement marking company puts down stripes and markings on everything except major Interstate highways – and could be expanded to include those as well.



Typical jobs include town roadways, helipads, airport runways, crosswalks, company & shopping center parking lots, removal of old lines. Materials (paints, glass beads, etc. all meet federal specifications.)



They offer markings with regular paint, reflective glass beads and thermoplastic striping. Markings include regular striping in white, yellow and other colors, stenciled directional markings (arrows), blue ADA-approved handicapped markings and more.



This is a rock-solid, turnkey business that needs nothing to keep it running as a cash cow.

Financials

Asking Price: $1.65M
Gross Revenue: $1.1M
Cash Flow: $375,500
FF&E: $519,000 (additional to asking price)
Inventory: $95,000 (additional to asking price)
Real Estate: Leased at $3,650 + utilities
Year Established: 2011
Employees: 2 FT, 1PT, 5 seasonal
Payroll: $ 261,000/year
Hours of Operation: Monday-Friday
Reason for Sale: Retirement

Note: Financials are seller-provided and not audited by Inbar Group ,Inc.


DETAILED INFORMATION
Location
Augusta, ME
Inventory
Not Included in asking price
Real Estate
Leased
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
Purchase additional equipment to service major highways.
Reason for Selling
Owner is seeking retirement
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Charlie
MacPherson
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Charlie MacPherson