Commercial & Industrial Painting Company with Strong Contracts

Transportation & Storage
Worcester County, MA
Asking Price:
$1,250,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

This commercial and industrial painting company has built a solid foundation for over four decades, serving clients across the New England region. With an existing portfolio of secured contracts surpassing $1 million over the next three years, including work with a publicly traded Boston-based corporation, the business offers a stable revenue base supported by a loyal union workforce committed to quality and consistency. Operating from well-appointed office and warehouse facilities, this enterprise benefits from established processes reinforced by a comprehensive software suite handling accounting and payroll tasks. Situated within a county experiencing steady population growth and a thriving economy, it presents numerous avenues to broaden service offerings and expand its geographic footprint. Prospective owners seeking to leverage an experienced team and reputable market presence will find opportunities to cultivate new client relationships and deepen market penetration in this competitive sector.

Facilities & Infrastructure

  • 2,000 sq ft office space fully furnished
  • 2,000 sq ft warehouse with loading dock, heated environment
  • Two late-model trucks tailored for job site needs
  • Multiple spray machines and essential painting equipment
  • Comprehensive software suite for accounting, payroll, AR, AP

Property Highlights

  • Ample operational space enabling efficient workflow and storage
  • Fleet and equipment support timely service delivery on projects

Key Business Facts

Cash Flow
$700,000
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$1,700,000.00
Total annual business income before deducting expenses
EBITDA
N/A
Earnings before interest, taxes, depreciation, and amortization.
FF&E
$80,000
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established 1986
Employees N/A
Inventory
Included in asking price
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
$2,800.00 per Month
Figures presented are seller-provided or estimates and are not audited. Buyer to verify all information during diligence.

Request Info

By submitting this form, you agree to our Terms of Use, Privacy Policy, and to receive occasional emails from Drups Investing.

Market Insights

Demographics (County)

Population Growth (5y) 4.79%
U.S. Avg. +4.1%
Median Household Income $93,561
U.S. Avg. $74,600
Median Age 40.30
U.S. Avg. 38.9
Bachelor’s Degree+ 39.03%
U.S. Avg. 38%

Economy

State GDP $614,786M
U.S. Avg. $28.8T
GDP YoY 1.20%
U.S. Avg. +2.4%
Unemployment 3.58%
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 325
U.S. Avg. 380
Property Crime / 100k 1141
U.S. Avg. 1950
Note No safety note available
U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, FBI Crime Data Explorer.

Growth & Expansion

  • Expand into additional New England markets leveraging regional reputation
  • Diversify services to attract broader commercial and institutional clients
  • Develop strategic alliances with contractors and suppliers to access new contracts

Operation & Support

  • Experienced union crew to ensure smooth ownership transition
  • All necessary tooling and vehicle assets included for continuation
  • Leased premises with flexible occupancy through 2031
  • Established systems support streamlined administrative functions

Lifestyle Fit

  • Well-suited for a hands-on owner-operator or strategic acquirer
  • Moderate management involvement implied through stable, experienced team
  • Ideal for operators focused on growth and contract development
  • Systems and workforce allow potential for semi-absentee oversight

Process & Next Steps

1. Click Request Info and complete the short form.
2. We’ll send available details about this listing and opportunities like it.

Request info
Information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.

Similar Listings

Similar Listing Image

Established Transportation Business with Long-Term Corporate Contracts

Worcester County, MA
Similar Listing Image

Expedited Same-Day Courier Service with Extensive Fleet

Worcester County, MA
Similar Listing Image

Hybrid Brokerage Freight Company with Lease-to-Own Truck Model

Worcester County, MA
Similar Listing Image

K-12 Textbook Wholesaler with Established School Network

Worcester County, MA
Close

Submission Successful!
Check your email for any downloadable resource(s).

Financial Freedom Blueprint

Do you want to accelerate financial freedom? 

Our Financial Freedom Blueprint gives you resources to fast track your success AND you’ll get new articles and resources delivered to your inbox when they’re available.

Click the Button below, and we’ll send you a Financial Freedom package outlining how to achieve:

  • 3x Returns: We offer an investment concept that may double or triple your returns. 
  • 5 Years to Retire: Our Fast FI focus looks for paths to retire in 5 years or less. 
  • Passive Money Machine: Passiv-FI your income by building your passive money machine.

HELOC Personal Bank Sheet

Are you ready to pay-off your mortgage in 4 years and setup your personal HELOC bank?

  • Find Out Your Timeline to Pay-off Your Mortgage.
  • Enter Your Numbers and Everything Auto-Fills
  • Done-For-You Spreadsheet

Join the Fast FI Waitlist

Our community will be open for new sign-ups soon! Join our waitlist to be the first to hear when it will be open!

Search Fund Primer

What is a search fund?

A search fund is a little understood vehicle that allows an acquisition entrepreneur to go purchase a business and run it. 

This method of investing in small businesses offers a passive and outsized return compared to other investment funds. 

In this primer, we delve into the Harvard Business research as well as our own experience related to acquiring small businesses.

Beating Buffett: Fast FI Portfolio Guide

The Beating Buffett Portfolio Guide offers an investing strategy to beat the Titans of Wall Street like Warren Buffett.

  • Investing Secrets of Elites: Learn about the Harvard Business school investing methodology  that returns 3x an index fund.
  • Safe, High Returns: De-risk your high returns using the risk mitigation strategies of billionaires.
  • Fast FI Strategy: Learn an investing method to achieve Financial Freedom in  5 yrs or less.

De-Risk High Returns Spreadsheet

Click below to download this spreadsheet and begin de-risking your portfolio: 

  • Portfolio Balance Sheet: Get a portfolio balance sheet template to calculate net worth, assets, liabilities, cash flow, and income.
  • Risk Analysis: Download an automated spreadsheet to calculate your portfolio risk and help de-risk your portfolio.

Savvy Saving Spreadsheet

In this resource, we offer the process we use to carry out Zero-Based Budgeting and include a lot of other nuggets of gold for cutting costs, and increasing savings for a small business owner.

Click below to download the resource.