Annual Revenue: $1,000,000
Net Cash Flow: $290,000
Location: Dallas/Ft. Worth Metroplex, Texas
28 yr – established “Construction Striping Company” exterior paint and striping business with a market area of a 90-mile radius of Dallas & Ft. Worth, TEXAS Metro.
Work in progress (contracts in various stages of completion) of $ 250,000.00 Both the backlog ($ +500 k) & the work in progress are related & change on a monthly basis; not necessarily in equal amounts. New contracts will add & once we generate a work order (schedule the work), the contract backlog amount goes down & the work in progress may increase or decrease depending upon how much work we do in the month.
Lots of upside to this company. Great reputation in the industry with excellent relationships with local large, medium, and small general contractors with a reliable workforce. 90% of the revenue is from new construction, with the remaining devoted to re-striping existing properties. The company can charge more for its services because of its superior expertise in knowledge, technical skills, and dependable on-site reliability.
The company has 12 employees with management, office, and crew leaders in place. Crew and crew leaders have over 5-10yrs worth experience.
Upside opportunity – highway striping, a great add-on to a paving company, and expansion of the territory.
The business has been prequalified for SBA financing with a down payment and good credit.