Commercial Paint Co - SBA Pre-Approved! - DOD Contractor

Home / Listing / Commercial Paint Co - SBA Pre-Approved! - DOD Contractor

This listing is: Off Market

Background

BizEx ID:BizEx1293-TM
General Location:Temecula, CA
Category: Special Trades
Construction
Years in Business:19
Under Present Owner:19
Hours of Operation:N/A
Owner Hours:40
Training:8 weeks @ 20 hours
Organization Type:C-Corp
Lease Expiration:N/A
Lease Options:N/A
Building Size:N/A
Employees:12
Reason for Sale:Retirement

Financials

Asking Price:$700,000
Down Payment:Negotiable
Gross Sales:$1,200,000
Discretionary Cash Flow:$192,000
FF&E:$87,000
Inventory Included?Yes
Inventory:TBD
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:N/A
Payroll:$54,900
Financing:SBA

2017 2018 2019
Gross Sales $ 1,418,011 $ 1,652,061 $ 1,415,402
Gross Profit $ 710,471 $ 711,105 $ 574,047
Disc. Earnings $ 250,257 $ 152,557 $ 190,000

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations