Industrial Painting Business Focused 100% On Infrastructure For Sale

Description

This industrial painting company completes approximately 40 municipal and infrastructure projects annually, including bridges, tunnels, subway stations, and water treatment facilities. The company is supported by an experienced management team of 14 and more than 50 field laborers. This staffing structure allows the owner to reside out of state while dedicating only 10 to 15 hours per week to financial oversight and business management. The corporate office is a 2,000 sq ft facility located out of state, where administrative, bidding, and billing operations are managed. The company also operates a 5,000 sq ft warehouse in New York City, which serves as the main reporting location for foremen and field labor and is used for equipment storage. The client base consists primarily of general contractors awarded infrastructure and municipal contracts. Approximately 80 percent of clients are repeat customers, while 20 percent are new. Revenue is generated across multiple states, with around 90 percent derived from New York. Service activity is weighted toward industrial painting at 70 percent, with the remaining 30 percent focused on safety shield and platform installations. The offering includes $1.085 million in working capital and approximately $1.7 million in vehicles and equipment. The business is priced at $17,250,000 and represents a turnkey operation with established systems, a stable client base, and a strong reputation in industrial painting and access solutions. The owner is offering to carry 10 percent of the purchase price, roll an additional 10 percent equity, and provide transition support for one to two years.