Since 2000, this residential and commercial painting company has built a stellar reputation and an impressive portfolio of projects completed to clients’ utmost satisfaction: “Outstanding!” “Excellent communication throughout the process”, “Exceeded high expectations”, “Attention to detail, remarkable” – these are just a sampling of the positive feedback received on a regular basis. The company was voted Best of Perimeter North in 2017, Best of HomeGuide in 2017, Expertise Best Painters in Atlanta for 2016 and Best of Houzz in 2015, 2016 and 2017.
The current owner oversees every project to ensure it is completed to the highest standards and to the clients’ total satisfaction. With an average of 12-15 jobs per week, the 12 crews and crew managers successfully complete more than 600 projects per year 90% of projects are existing residential. Exterior projects range from $3,500 to $5,000+ and interior projects range from $2,500 to $4,500+ with profit margins ranging from 15%-30%.
After almost 17 years in business, the company has an extensive existing client base that generates a fair amount of repeat business and referrals. Additional marketing efforts include appearances on local Atlanta TV, features in major Atlanta magazines, strong relationships with Realtors, designers, contractors, and a strong presence on all social media channels.
The company has experienced tremendous growth in revenue year after year, and YTD financials indicate that 2017 will be a record breaking year. With starting revenues of approximately $600k in 2000, 2019 is expected to generate more than $2.5 million with continued growth anticipated into 2020 and beyond. The current owner will consider an outright sale with strong offer, or investment from a partner in the business.
Year Business was Established: 2000
Number of Employees: 6 crews, 4 support staff
Facilities / Terms of Lease: 1,000 sq ft office space. $1,000/month on a month-to-month lease
Owner financing: Available to qualified buyers with strong offer
Owner training: Current Owner will train
Reason for selling: Ready to pursue a new business venture
Asking Price $1,730,000
2018 Gross Revenue $2,497,233
2018 Cash Flow $418,247