Summary
Painting business $100k ono. $140k income in 10 months (part time). low overheads ($12k). Strong real estste work, repeat clients & high profit margins. 90% Work Painting Vacant Inside Repaints
Revenue
$140,000 pa
Expenses
$12,000 pa
Net Profit
$128,000 pa
Potential
Strong growth potential.Currently run part time with consistant real estate work and repeat clients. easily scalable to full time or a team.Opportunity to take on additiona work, agents ,private work and increase revenue significantly
Skills
Painting skills required. suitable for an experenced painter contacts and work flow already in place making it easy to step in and operate from day one.
Hours
Currently part time,Flexible hrs can be extended to full time to increase income or kept part time for lifestyle balance
Lease
No Lease
Employees
Owner operated. No employees currently, Opertunatey to expand and grow the business further.
Reason for Sale
Selling due to upcoming knee sugery and change in work capicity.Buisiness is running well with consistant income but unable to continue long term
About the Business
Painter has 38 years experience
15 years building up Good Will with Real Estates,Sales agents and Clients on the Gold Coast.
Repeat work from customers constantly.
Buyer unable to continue work due to health issues including needing urgent Knee Replacements.
Moving to Gladstone to be with family.
Leaving 15 year 3 Bed Rental House Helensvale / Hope Island mid August, for potential accommodation for new to Gold Coast buyer.
Potential for incredible growth and expansion
Current owner only working part time,last 3 yrs turning away jobs as unable to take on large jobs, unable to go on roofs or outside 2 story jobs.
Potential for Buyer to expand Business with website expansions, facebook , Instagram and Google adds etc not currently in place
Would suit an Experienced Licensed Painter or Team, who are keen to walk in and expand with ease
Who are capable to do large jobs, outsides etc currently being turned away.
Current owner has done 65 jobs over 10 Months from repeat customers without any advertising, or looking for work. Has proof of all Jobs with Invoices with high profit margins.
Business generating $140,000 over the last 10 months on a part time basis, with material costs totalling around $12,000 – demonstrating strong profit margins and low overheads.
Majority of Work consists of vacant interior repaints through established real estate contacts
Receives Work from Emails/Calls from existing customers and recommendations.
Seller will provide a full handover, including introductions to key clients and support during transition to ensure continuity of work
All equipment 795 Graco spray gun, ladders, planks ,trestles etc
Ideal for existing painter looking to expand or someone wanting to step into a profitable, established operation on the gold coast
Asking price $100,000 ono
History
Well established with ongoing realionships in the local area particulary within the real estate sector.Work consists mainly of interior vacant repaints, providing consistant and repeat jobs throughout the yr
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