Long Est. Sydney based Painting Business for Sale

Mascot NSW
Asking Price $345,000
About
* Established over 35 years - same owner
* Revenue circa $1.3Mil - Owner profit $230k
* Registered for Govt. works
* Repeat customers over many years
* Excellent long term core staff
* Full handover assistance from retiring owner

Revenue $1.2Mil

Nett return to owner $230k approx.

Long established business with an excellent reputation for quality and service.

Renowned within the industry, this business has cultivated strong relationships with a valuable base of repeat clients over many years.

Work is completed across a range of sectors - Railways, Schools, Builders, Shop Fitouts - some private facilities and general work.

Excellent small team of employed qualified painters, with subcontractors used as needed.

Majority of work is within the Sydney metro area, with around 20% of work for loyal clients undertaken in various areas around N.S.W.

Painting work is carried out by staff, the owner is not involved directly in any of the painting work.

Included in the sale is an extensive range of operating equipment, encompassing 2 fully equipped vehicles, ladders, cones and bollards, paints, water blasters, line markers, spray machines, blowers, and a comprehensive array of general tools.
With all essential assets in place, the business can be seamlessly taken over with minimal disruption or additional capital investment.

The retiring owner is willing and eager to stay involved for an extended time to ensure continuity of the business and a smooth transition for an incoming owner.

FULL PRICE $345k
Ref Num: 19858
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