OFF MARKET
BizEx339-KF: Conejo Valley Professional Painters

Background:

General Location:Thousand Oaks, CA
Category:Construction > Special Trades
Services > Other Miscellaneous Services
Years in Business:3
Under Present Owner:3
Hours of Operation:M-F 8-5 Sat 8-12
Owner Hours:M-F 8-5
Training:2 weeks, 30 hours/week
Organization Type:S Corp
Lease Expiration:N/A
Lease Options:N/A
Building Size: sqft
Employees:5 FT; 3 PT

Reason for Sale:
Relocated out of state

Financials

Asking Price:$99,000
Down Payment:$99,000
Gross Sales:$434,667
Discretionary Cash Flow:$56,842
FF&E:$ 3,000
Inventory Included?Yes
Inventory:$ 0
Minimum Operating Capital:$ 10,000
Real Estate Available?No
Real Estate Asking Price:$
Rent:$ 249/month
Payroll:$ /month
Financing:Call

201020092008
Gross Sales434,667387,620223,130
Gross Profit155,847129,48470,098
Disc. Earnings56,843

* YTD as of , ** = Prorated.

Broker Info


Kendric Foultz, CBB
Business Broker
(310) 882-2200 ext 102
LIC# 01376005

Summary

Professional painting business for sale in the Conejo Valley area just outside of Los Angeles. This is a three year old franchise business from one of the strongest franchises in the industry. The owner has relocated out of state and needs to sell the business quickly. Currently he is operating the business with the assistance of a general manager but would rather not have any involvement moving forward. All the initial heavy lifting has been done regarding getting the business going and profitable. A new owner operator should be able to grow the sales and make a six figure income running this operation. Everything is in place and ready to go. If you are not currently a C-33 license holder there are ways to take care of that issue. If you are looking for a franchise service business that has low working capital requirements and has the backing of a strong parent company then this is for you. For more information please go to www.bizex.net and register or you may contact Kendric Foultz directly at 310-968-2369.


More Details

If you'd like more information about this listing, please register with us or log in to your existing buyer account.

DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.