Commercial Painting Company with Real Estate in TN
Asking Price: $2,425,000 ($675,000 for the Business & $1,750,000 for the Real Estate)
Cash Flow (SDE): $1,200,000 (multiple year average)
Gross Revenue: $5,000,002
EBITDA: $303,000
Real Estate: $1,750,000 (included in the above $2,450,000 total price)
Established: 1990
Commercial painting business located in desirable, growing Middle TN with services throughout TN and in other states. Well established (30+ years). The company does contract work with contractors as well as work for large commercial, business and non-profit clients. Owner will stay on for reasonable transition period. This is truly a one-of-a-kind opportunity! Very discounted price for the business underscores sellers desire to retire. Buyers must acquire the real estate given the discounted price on the business.
Financials (USD)
Asking Price $2,425,000
Cash Flow $1,200,000
Sales $5,000,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Yes
Franchise? No
Management will stay? Available On Request
Relocatable? No
Real Estate? Yes
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