Description of the business for sale
For a prospective business owner aspiring to enter the construction market in Denver, this company provides the platform for growing a significantly larger and more profitable business. The company has a 20 year history in the Denver market, a cadre of highly skilled painters, a continuing book of business, a proven business model, and the experience of the current owners for a period to be negotiated after the sale.
Business Description:
The company provides superior painting and wallpapering services with experienced crews and proven, consistent methods that provides on-time delivery and high customer satisfaction. Their primary market is new commercial construction and commercial remodeling.
Markets served:
The company’s target market is the Denver metropolitan area and the target customer is commercial tenant finish office space but they also do significant amounts of work in restaurants, schools and hospitals. The company’s unique value proposition is to provide competitive prices and maintain their own margins by controlling unnecessary costs.
Growth Strategy:
The current owners have determined that the current size (15-20 painters) is about right for them. They currently decline to bid on a number of projects and believe they could grow the business significantly by bidding a higher percentage of the jobs their current general contractors offer and by cultivating new general contractors. Establishing a residential branch and going after residential work would double the existing market opportunity for the company.
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Description of the facilities
Furniture, fixtures, and equipment = 13500
Furniture, fixtures, and equipment included: Y
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