Highly Profitable Custom ICI Painting and Decorating Solutions
Highly Profitable Custom ICI Painting and Decorating Solutions
Price: $1,300,000
Location: CAMBRIDGE
Listing ID: 20210615
Listing Status: Sold
Quality custom painting solutions and decorating services for all residential, commercial and industrial environments, primarily in the ICI (Industrial/Commercial/Institutional) market with a heavy emphasis on high-rise.
Main focus is new-builds/new-homes markets, working with builders and developers.
This company is pioneering one-stop-shop painting solutions for all Residential and ICI (Industrial/Commercial/Investment) needs.
The company owns showroom space in Canada’s first large-scale Home Improvement Centre, at the Improve Canada Mall in Vaughan.
Entire Management Team is in place to operate this business. Owner has been training them to fully take over management.
Cash Flow: N/A
FFE Included: Yes
Reason For Sale:
Owner is relocating.
Training & Support:
Seller willing to provide training to new owner and staff and provide introduction to employees, customers, suppliers, in order to assist them to continue the name and legacy of this company.
Employees: 21 + subcontractors
Facilities Information:
Business requires new location. A small commercial unit would be sufficient for operations.
Competition:
There are very few competitors in the Kitchener-Waterloo area that can handle the volume that this company can. It is very well known in the industry for the ability to maintain quality in the volume of work the company undertakes.
Potential Growth:
The company has a considerable number of sizeable projects already scheduled and booked for 2022-2023. With the very noticeable and known fact that high rise building is the future, it has positioned itself as the leading painting company in the region to handle projects of large volume. Simply growing with this trend will result in substantial, consistent and reliable growth for the company.