Profitable, In-Demand, Painting Contractor Business Marion County, FL
Asking Price:$1,700,000
Cash Flow:$570,000
Gross Revenue:$1,600,000
EBITDA:$570,000
Established:2015
Business Description
Florida’s Guarantees; Hurricanes & No State Taxes!
Buy an established Water Restoration Business with existing clients for $178,000 down!*
Existing General Contractors & Hungry Entrepreneurs looking to get a Slice of the Orange County Market
Are you ready to Take your Business to the next Level?
Looking for a relocation to Sunny Florida with 0% State Income Taxes?
High Profit Water Restoration Company, Central Florida
$1,700,000
Deal Recap:
Gross Revenue: $1,600,000
Purchase Price: $1,700,000
Cash Flow: $570,000+
Down Payment: $178,000
High Profit Water Restoration Company, Central Florida
Great Opportunity; Central Florida!
Preferred Vendor Status with Multiple Insurance Companies
Established Clientele - Referral Based Business
9 Years in Business
Perfect Buyer:
Strategic acquisition for existing contractor
Construction experience a plus, but is not required
Entrepreneurs looking for lucrative opportunity & a move to Sunny Florida
Buy an established restaurant with existing clients for $187,000 down!*
*(To qualify for 10% down you must have 10% post closing reserves, total 20%)
High Profit Water Restoration Company for sale $1,700,000. Currently grossing $1,600,000 and Nets $570k+ per year as an owner of the business. Includes 3 employees & sub-contractors in place willing to transfer with the business. This business operates in Central Florida and currently has 3 employees and qualified sub-contractors. The seller is a hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation. Great Opportunity at a Great Price!
Financing: SBA financing IS available for this transaction up to 90%.
*To qualify for 10% down you must have 10% post closing reserves, total 20%
What Does Financing do for you:
Purchase Example:
Minimum 10% down, 11.00% interest, 10 year Amortization
Purchase Price $1,700,000
Equity Investment: $ 178,000
SBA Loan: $ 1,520,000
Working Capital: $ 0
SBA Guarantee Fee: $ 45,660
Closing Costs: $ 30,000
Total SBA Loan: $ 1,597,660
Monthly SBA Loan Debt Service: $ 22,008
Cash flow: $ 570,000
Annual Seller Loan debt service: $ 264,093
Cash Flow Net of Debt Service: $ 305,907
Cash on Cash Return: 171.86%
You may complete the NDA now using the link below. Please provide the first page of your bank or brokerage statement, or online snapshot (with account number redacted), showing at least $300,000 down payment as your Proof of Funds.
Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.
Contact Darin Jerger for details on all of our Premier Listings.
Darin Jerger
949-793-2999