Mass Production Painting Co. Specializing in Res.

Description:
The Company is a mass production painting contractor that specializes in new construction of residential buildings, such as apartments, townhomes, and single-family homes. The Company works directly as a trade subcontractor for builders and general contractors for new construction contracts throughout the Northeast, US. The Company offers interior & exterior painting services, as well as project estimates, though management notes that the majority of revenue (approximately 90%+) is derived from interior painting services.

Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 13.0% and 57.7%, respectively, from 2021 to 2024.
• Gross profit margins averaged 25.9% from 2021 to 2024, increasing at a CAGR of 14.0% during that same period.
• Backlog of $20.8 million as of May 31, 2025, all of which is expected to be collected within the next 18 to 24 months, according to management.
• Management notes that approximately 95% of annual revenue is derived from either repeat clients or referrals, with approximately 70% of revenue derived from repeat clients.
• In operation for more than 10 years, with a team of versatile, highly-trained professionals focused on delivering high-quality results to clients.

Opportunities:
• Obtain maintenance contracts with clients to develop various streams of recurring revenue.
• Focus on increasing the Company's advertising budget and create a strategic campaign to reach new clients throughout the Northeast, US.
• Capitalize on the $20.8 million of backlog the Company has in open projects.
• Expand geographically into other states throughout the Northeast, US.

Headquartered:
• Northeast, US

Current Markets:
• The Company provides services to residential construction industry throughout the Northeast, US, with a focus on new construction of residential apartments, townhomes, and single family homes.

Real Estate:
• The Company operates from a 5,000 sq. ft. facility, which is leased to the Company by an affiliated entity.
• Management is open to entering into a long-term lease with
new ownership.

Shareholder Ownership:
• The Company is equally owned by two shareholders, one of whom is not active in the Company.
• The active shareholder wants to begin planning for retirement and is open to remaining with the Company for a predetermined period of time to facilitate a smooth transition to new ownership.