Asking Price: $1,499,999
Opportunity Highlights
Annual Figures 2024:
- Gross Sales: $1,603,473
- Net Profit: $455,891
Expenses 2024:
- COGS: $279,666
- Salaries & Wages: $669,899
Business overview
General Information:
Location: Collier County, Florida (serving Naples & Fort Myers)
Business Type: High-end residential painting company with some commercial projects
Established: 22 years (Founded in 2002)
Staff: 4 foremen, 1 office manager, 1 sales manager, 1 estimator, and 20 W-2 painters
Crews: 4 fully equipped, branded teams
Assets Included: 4 company-branded work vans
Reputation: Well-regarded locally with strong word-of-mouth and repeat business
Licensing: Owner holds the required contractor license and is willing to qualify the business for the buyer
Revenue & Growth
Gross Sales (2024): $1,603,473
Net Profit (2024): $455,891
COGS (2024): $279,666
Salaries & Wages (2024): $669,899
Reported Cash Sales: Approximately $300,000 in cash sales included in reported revenue, contributing an estimated $200,000 in profit
2025 Forecast: Expected to remain stable or increase (projected revenue of $1.6M–$2M)
Marketing: 100% referral-based; no paid advertising currently used
Expansion & Ownership Options:
Owner Role: Largely absentee — not involved in day-to-day operations
Management: Sales manager could transition into an operations role
Growth Potential:
- Launch advertising or digital campaigns
- Expand outside current self-imposed geographic limits
- Add more crews to meet demand
Reason for Sale: Retirement
Transition Support: Owner willing to stay for up to 6 months post-sale to assist with handover
Operational & Financial Highlights:
Staff Leasing: Employees provided through a staffing leasing company
Employee Tenure: Many have been with the company for over 14 years
Client Relationships: Long-term, high-trust connections with customers
Financial Transparency: Clean books, cash sales included in reporting
Licensing: Fully licensed; seller can qualify buyer during transition
Financing: SBA pre-approved; seller financing not available
954-551-5317
Matt.Millsaps@hedgestone.com
Listing Inquiry
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