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This Business has been Sold!
Closing Date: 02/01/2023
Business for Sale Summary

Highly Rated Painting Business for sale in NJ - 34963

Business Type: misc. service/non-classifiable,other business services,construction special trades
Sold
Highly Rated Painting Business for sale in NJ
On February 1st 2023, The Undersigned
Acted as the Advisor to the Deal
Brian  Bernstein
Brian Bernstein Senior Broker
Servicing: All of NY
All of NJ
All of PA
All of CT
All of MA
All of NC
All of TX
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $1,000,000 Down Payment $1,000,000
Gross Revenues $1,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $775,000 Number of FT Employees Register Free to View

Financing

$1,000,000 Down and

Business Description

Seven-figure highly-rated painting business for sale in the Camden County area. This painting business does both residential and commercial jobs with very high margins (40-45%). The current owner primarily runs this business from his iPhone. Business comes with 8 vehicles, 1 box truck, and a loyal staff of 18. There is strong management in place. This business has done over 1 million revenue this past 2 years and is on pace to make more than double that in 2022. Great landlord. Owner is a great guy and will help the seller during the transition. Seller would entertain a financially qualified partner. Contact the listing broker, Brian Bernstein, at 929-969-0007 to set up a meeting with the seller.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.