Seize Your Opportunity: Own a Thriving Commercial Painting Business in Canberra!
Here's your chance to own a highly successful and well-established commercial painting business with a remarkable 25-year history.
After 25 years of ownership, the owners are moving on, presenting a rare opportunity for a new owner to step in and continue the legacy of excellence.
Why are they selling?
It is simply a retirement sale. After 40 years working as a painters and 25 years running the business, the two owners in their 60s are ready to retire.
Business Highlights:
* Location: Canberra, Australia
* Sector: Commercial painting of new buildings only
* Turnover: $7,000,000 annually
* Net Profit: $700,000 annually
Key Features:
* Market Segment: They only work on new commercial buildings. With an average of 45-day guaranteed payment terms for most of the leading Canberra 2-tier builders.
* Reputation for Excellence: With years of experience, this business has built a stellar reputation for delivering high-quality painting services to diverse commercial builders.
* Skilled Workforce: A dedicated and highly skilled team of 15-20 painters and support staff ensures that all projects are completed to the highest standards, on time, and within budget with contract terms.
* Strong Client Base: The business boasts a loyal and diverse client base, most 2-tier builders
* Growth Potential: With a strong foundation and an excellent market reputation, there is significant potential for further growth and expansion.
Business Operations:
Partner A: Works on the tools and oversees the three working supervisors/foremen.
Partner B: Is responsible for recruitment, HR, pricing and administration.
Having offered to sell their business to staff who wanted to avoid taking on the risk, they decided to provide it to the open market for ownership transition.
One of the three supervisors is willing to step up for a slight increase in salary and a vehicle package to take over the role of partner A.
Partner B is prepared to stay on for six months or 12 months part time and assist in the project management and office duties.
Enterprise bargaining agreements cover the workforce of tradespersons who work for the business and are committed to a lifetime as salary earners.
Why Invest?
* Profitable Operations: This business's robust financial performance ensures a steady income stream and a solid return on investment.
* Established Market Presence: Benefit from the business's strong market presence and relationships with clients and suppliers. The company comes with a strong pipeline of work.
* Turnkey Opportunity: This is a turnkey business opportunity, complete with all necessary equipment, a skilled workforce, and a solid client base, allowing for a smooth and seamless transition for the new owner.
* Support and Training: The current owner is committed to providing comprehensive training and support to ensure a smooth handover and continued success and stay on for 6-12 months part time to guide and
* Assets: The business comes with approx $500,000 in plant and equipment
* Seller finance: Here is the critical value offering. The owners are seeking $1,000,000, $500,000 upfront, and $500,000 paid out of future profits secured against the business and residential assets over two years.
This business would be ideally suited to life partners who want to throw caution to the wind and transform their lives by owning an established, high-cash-flow, high-profit business operating in a secure and growing market!
Sell your house or use it as security to own an asset that has consistently generated $700,000+ for the last 15 years with the knowledge that the owners believe in the business so much that they are prepared to fund you!
Contact Information:
Take advantage of this exceptional opportunity to own a profitable commercial painting business in Canberra. Please outline your financial position and business experience if you want to own.
Email salesatcapitalcommercial.com.au your:
* Phone:
* Email:
* Full name:
Outlining you have an interest in owning "Commercial Painting Canberra"
