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Project Painting: Kansas City based Painting Business
Business Description
Project Painting, founded in 2005, provides professional painting services for residential, commercial, and industrial spaces with a focus on multi-family and mid-sized commercial projects. These services include interior painting, exterior painting, surface coatings, and wallpaper installation and removal.
Business Highlights:
Company Growth: Immediate opportunities include hiring another estimator to help increase quantity and speed of the bidding process, expansion into other key markets, hiring another project manager and salesperson, and investing in more equipment.
Market Channels: Customers are both residential and commercial with a concentration on multi-family and mid-sized commercial projects. There are minimal fluctuations year to year. No single customer is over 20% of revenue.
Barriers to Entry: Key relationships built over decades with vendors and customers, a fleet of service vehicles, great employees, and an incredible reputation for premium quality service are all significant barriers to entry.
Competitive Advantages: Standard of excellence, customer service, and proven track record are their key differentiators.
Management and People: There are 14 to 20 employees and 3 to 4 subcontractors at any given time with a project manager and sales manager that are both very talented and planning on staying on under new ownership. The key employees staying on are trained to do about 80% of the current owner's workload.
Financials: No customer made up over 20% of Revenue. An excellent candidate for SBA financing.
Business Highlights:
Company Growth: Immediate opportunities include hiring another estimator to help increase quantity and speed of the bidding process, expansion into other key markets, hiring another project manager and salesperson, and investing in more equipment.
Market Channels: Customers are both residential and commercial with a concentration on multi-family and mid-sized commercial projects. There are minimal fluctuations year to year. No single customer is over 20% of revenue.
Barriers to Entry: Key relationships built over decades with vendors and customers, a fleet of service vehicles, great employees, and an incredible reputation for premium quality service are all significant barriers to entry.
Competitive Advantages: Standard of excellence, customer service, and proven track record are their key differentiators.
Management and People: There are 14 to 20 employees and 3 to 4 subcontractors at any given time with a project manager and sales manager that are both very talented and planning on staying on under new ownership. The key employees staying on are trained to do about 80% of the current owner's workload.
Financials: No customer made up over 20% of Revenue. An excellent candidate for SBA financing.
About the Business
- Years in Operation
- 20
- Employees
- 17
About the Sale
- Seller Motivation
- Retirement
- Financing Options
- No more than 10%
Listing Info
- ID
- 2371810
- Listing Views
- 787
Listing ID: 2371810 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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