Description

Under Contract; pending BCPNP

This well established building restoration and painting business has a solid reputation for prompt response to fire, flood and other disasters. This is the only disaster remediation business based in the region, and has established itself as the preferred contractor for many local insurance claim adjusters. Technicians are trained in state-of-the art solutions for mould removal as well as green solutions for restoration and decorating needs. The painting division is the most reputable choice for commercial and residential painting and decorating in the region. A large fully-equipped shop features 6 bays, each with a roll-up door and walk-in entry doors. The shop is located on a beautiful 2.25 acre property, and includes a 5-bedroom home which is well separated from the shop and business. Property is not included in the asking price, but is available for purchase (asking price $625,000.) This business can easily be moved to a new location of choice for the buyer.
The business owner has been solely in a ‘management position’ where he oversees the business, mainly focusing on doing quotes and managing the job sites. The 5 year weighted revenue is $1,200,000 with an SDE of $147,000. The business has been established for over 34 years and needs the fresh energy of a new owner.

Posted May 28, 2015

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