Rare opportunity to acquire a well-established painting company with more than 20 years of operating history and a strong reputation in the Erie, Pennsylvania market. This profitable turnkey operation generates $1,500,000 in annual revenue with $450,000 in cash flow, representing a healthy 30% margin. Established in 2005 independently owned and operated, the company has built strong name recognition and an established customer base throughout the Erie region and surrounding areas.
BUSINESS HIGHLIGHTS: • 20+ years of continuous operation with proven track record • Strong financial performance: $1.5M revenue, $450K cash flow • Diversified revenue streams: residential repainting, commercial projects, property maintenance • Experienced workforce and established vendor relationships • $100,000 in furniture, fixtures & equipment; $40,000 inventory value • Leased facility at $1,358/month provides operational flexibility, new fully operative SPRAY BOOTH The company serves both residential and commercial customers with quality workmanship that has built lasting relationships over two decades. Their long operating history and experienced team provide competitive advantages over newer market entrants.
GROWTH OPPORTUNITIES: Significant expansion potential exists through increasing commercial and property-management accounts, expanding into surrounding markets, adding crews, enhancing digital marketing, and pursuing larger projects. An owner focused on sales and business development could leverage the established brand, reputation, and infrastructure to drive additional growth. TRANSITION SUPPORT: The seller offers comprehensive transition support including customer and vendor introductions, training on estimating and project management, assistance with existing projects, and operational guidance.
Support terms are negotiable with the buyer. The owners are selling to pursue new opportunities in the travel industry, creating an excellent acquisition opportunity for a buyer seeking an established, profitable painting contractor with strong fundamentals and growth potential.