24 Jul Commercial Painting Contractor-New York City & Boros
Location: New York
Industry: Services, Paint/Decorating/Wallpaper
Listing ID: 888
Updated EBITDA: Gross Revenue YTD, 8 months of 2019 = $1,700,000.
8 months SDE = $285,000 (annualized $425,000)
This full-service, renovation company serves the lucrative New York City marketplace. Established in 1991, it serves primarily commercial customers (10% residential) in the NY Metro area. The company is consistent and growing with robust opportunities available.
Products & services include:
• Wall covering
The Company takes pride in providing a best-in-class quality service to its devoted customer base. It attributes its success to the following reasons:
• Experience with Hospitals and Universities
• Many return customers
• Multi-year contracts
• Quality Control
• Fully Operational Support Staff
• OSHA Certified and other related certifications and licenses
Synergistic Savings for like kind business in excess of $150,000 ( Insurance, premises, Economies of scale).
Cash Flow: $249,000
Form of Ownership:
Reason For Sale:
Training & Support:
Support and transition available. Staff is capable of executing jobs and assignments with limited supervision.
Year Established: 1991
Owner Hours Per Week: 40
Security on Lease: 6000
Monthly Rent: $ 3,050
On site services
Limited competition with the quality and specific marketplace covered by this company
Outstanding Growth potential with existing and new opportunities with educational institutions and private industry. With the company capable of handling New York City and the 5 boroughs there is significant work available for the new aggressive owner.