Back to Top

Add to Shortlist View Shortlist
Receive Email Alerts

Listing ID: 3093844

90+ Employee Infrastructure Painting For Sale

Kansas, United States

$ 19,400,000

(Inventory / Stock included)

Revenue: $ 25,281,685

Cash Flow: $ 4,303,363

Business Description

Located in New York, this company specializes in painting large infrastructure projects as well as any site preparation associated with a job since 2005. Earning over $25,000,000 in 2018 alone, this company has a proven track record of successfully bidding and winning large contracts. With $2.8MM in assets including tools of the trade and company vehicles, all equipment is in place for continued success. The team of union foremen and painters work primarily for general contractors and maximize their awarded contracts through competitive bidding and strong professional relationships. Currently, this company has $2,800,000 in assets and $49,000,000 in work-in-progress with many secured, upcoming projects.

Operations are managed from the Ohio office and supplies are stored in a New York area warehouse. There are additional field offices for each large project where location-based staff report daily. The Ohio office is currently owned but is available for lease or possibly for purchase outside the sale of this business.

Both owners currently work within the business. One owner focuses on financial oversight and business management, while the other owner is the lead estimator and oversees field operations. Both owners are willing to remain on staff throughout the transition or beyond, as desired.

Property Details

Size:

Main office: 2,000 sq. ft.: 5 Offices, conference room; NY Warehouse: 5,000 sq. ft.: Storage, office

Years Established:

2005

Property Type:

Real

FF&E:

$ 2,166,000

Inventory Value:

$ 2,800,000

Other Details

Operation Details

Employees:

92: 6 Administrative, 3 Project Managers, 8 foremen, ~75 painters

Support & Training:

Six months to one year, but both owners are willing to remain on staff, if desired

Miscellaneous

Financing Available:

Yes

Reason For Selling:

Retirement

Contact this seller

Already a Member? login

Fields marked with a * are mandatory












CAPTCHA image
*Please enter the 5 digits as they appear in the image on the left.
 Yes I wish to receive the monthly newsletter and other emails directly from BusinessForSale.com
 I have read and agree with the Terms & Conditions & Privacy Policy

Listed by:

Related Businesses for Sale

Selling a Business?

Visit the page to Sell a Business in United States | Sell a Business in Kansas

BusinessForSale.com

Copyright © 1997 - 2018 Dynamis Ltd and all subsidiaries.

Registered Address:
Dynamis Limited. Dynamis House, 6-8 Sycamore Street, London, EC1Y 0SW. United Kingdom.
VAT No. 747791385 Company
Registration Number: 3788210

MEMBER OF