Specialized Multi-Family Painting – Sold

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Asking Price: $385,000/firm
Gross Revenue: $532,701
Seller Discretionary Earnings (SDE): $159,946

Founded in 1997 this Greenville County business focuses on interior painting at multi-family properties. Business is derived from long standing relationships in which apartment property managers contact the subject business for painting and minor sheetrock repairs when units turnover from one tenant to the next.

A crew of six does the work with the owner managing the workflow, general business administration and sales.

All vehicles and FF&E used in the business operations are included.

The business can be grown with minimal capital outlay. Sources of growth can be adding additional multi-family properties, offering additional services to existing and new clients, growing the pressure washing side of the business and geographic expansion. The historical advertising/marketing spend is virtually non-existent making the potential for increased sales through even the most basic efforts likely to bring about success.

Contact Scott C. Hopper for more Information 843/343-5765 or SH@CharlestonBusinessBrokers.com.