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ON-MARKET

Commercial And Residential Painting Contractor In Richmond For Sale

Richmond, VA

$1.2M
Asking Price
$2.0M
Revenue
$396K
Cash Flow

Overview

Established painting and construction services company serving the greater Richmond, VA metro for 20+ years. ~$2M annual revenue with 71% gross margins and ~$391K in seller's discretionary earnings (2025). Asking $1.
17M (~3.0x SDE). The business is fully owner-independent.
The owner has relocated out of state and the 23-person team including a sales manager, commercial estimator, office admin, and 4 field crews continues to operate day-to-day without owner involvement. SOPs are documented and management is committed to staying post-sale. Holds a Virginia DPOR Class A contractor's license and is EPA lead-certified.
Services include interior/exterior painting (primary revenue driver), pressure washing, deck staining, cabinet refinishing, drywall repair, and minor carpentry across a ~30-mile service radius. 4.9-star Google rating with strong repeat and referral business.
Gross margins expanded significantly in 2025 as the company transitioned from a subcontractor-heavy model to a fully in-house crew operation. The business enters 2026 with a growing commercial pipeline and over $1M in sold jobs already booked for 2027. Owner is retiring.
Full management team in place. Detailed financials and a Confidential Information Memorandum available to qualified buyers upon execution of an NDA. Represented by Perry Street Partners.

Key Details

Year Established20
StateVA
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