PENDING SALE: Southern Oregon Painting Company
Jackson County, OR
Sale Pending
| Asking Price: | $99,000 |
| Gross Revenue: | $589,397 |
| FF&E: | $35,000 |
| Cash Flow: | $202,360 |
| Rent: | $1,000/Month |
| Established Year: | 2006 |
Listing ID: 2247633Listing provided by BizBuySell
BUSINESS DESCRIPTION
ACCEPTED OFFER. Established, profitable full-service Southern Oregon painting company operating at the current location since 2006. They currently do approximately 80% commercial and 20% residential. One month of unpaid training offered by the seller to make introductions and ensure a smooth transition. The seller is currently responsible for bidding work, measuring, reviewing plans, presenting proposals and all bookkeeping, A/R and A/P. The business is being offered with enough equipment to support a crew of 8-10 full-time painters. Oregon Contractors License required. Email all inquiries. NDA and down payment amount required to receive the confidential business review.
DETAILED INFORMATION
Location
Jackson County, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The office/shop has low rent and is very adequate. All equipment needed to run the business, scaffolding, ladders, sprayers, pressure washers and the like are detailed in the confidential business review.
Competition
Open bidding for projects in Jackson and Josephine counties, but it helps to have an established painting contractor to introduce a buyer to building contractors. The seller will make the introductions.
Growth & Expansion
Average SDE/Cash Flow the prior three years is approximately $186,000. The business is being sold with enough equipment to expand quickly. Further growth opportunities detailed in the confidential business review.
Support & Training
The seller is offering one-month unpaid training to ensure a smooth transition.
Reason for Selling
Retirement.
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