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Successful Residential And Commercial Painting Company For Sale

Vancouver Island, British Columbia, Canada
Asking Price:
$495,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$838,989 (CAD)
Cash Flow:
$230,878 (CAD)

Chinook Business Advisory is very pleased to offer an established, profitable, Vancouver Island based painting business for sale. This company is one of Victoria’s highest-rated, professional painting contractors. After nearly 27 years of successful operation, this business is ready for a new owner to step in and take advantage of the tremendous effort the current owners have expended building the business.

Specializing in residential and commercial painting, the company has earned a 5-star reputation for professionalism, exceptional customer service, and delivering quality work on time and on budget.

The business comes complete with trained and experienced employees, proven systems designed so that a new owner without a painting background, can take over operations and be confident that they will be successful.

The business has seen consistent revenue and profitability over its long history. Over the last five years, the business has averaged over 800k in revenues with average Seller's Discretionary Earnings of more than $230,000.

The business currently focuses most of its efforts on exterior painting, making up nearly 70% of total revenues. Opportunity exists to add new services, expand into new local markets and to focus on working with local developers.

This is a great opportunity for a growth-minded entrepreneur to build from a solid base. For more information, please contact Keith MacKenzie.

Property Information

Real Estate:

Lease

Lease Terms:

$1,800/month

Location:

Vancouver Island BC

Size in square feet:
1,000

Business Operation

Reasons for selling:

Retirement

Employees:
5
Years established:
1995

Other Information

Support & training:

As required

Furniture / Fixtures value:
$35,000 (CAD) - included in the asking price
Website:
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