NAICS 238320 – Painting and Wallcovering Contractors

C-Corp 12/1 through 11/30 Fiscal Tax Year

This owner-founded small business thrives today after 38 years of consistent, highest-quality attention to detail by journeyman painter-certified crews.

Their 12 field employees are trained through the state sanctioned Southern California Painting and Decorating Contractors of America (PDCA), ensuring quality of work meets the highest standards within the industry. The Company is a non-union shop employing prevailing rate workers. Twelve W-2 employees’ payroll and two owner salaries average $66,000/month. Each of two owners draw $52,000/year in salary. Sellers also employ one administrative support person who has a desk in the reception area of the office space.

Several of their customers have 30 years of service history by the Company. The Company also services a five-year contract with Cal Optima. Other customers the Company provides ongoing T&M maintenance and project work for are commercial banks, Urban Café, California Fish Grill, several veterinarian hospitals, corporate offices, hospitals, distribution centers, high rise buildings, and metal industrial buildings. 99% of projects completed provide a one-year warranty for materials and labor.

The Company was founded in 1984 and incorporated in CA in 1986. A new owner needs C-33 Painting and Decorating state license. Owner may agree to RME for a specified amount of time. Sellers are kind, knowledgeable and motivated to retire permanently from the industry.

Company owners own the 3,688 SF office and warehouse building located in a light industrial park in Orange. Sellers will lease back space where operations take place. They may be open to sale of the real property as well.

There is extensive equipment included in a sale. A full list of equipment and employee tenures and rates of pay is available post-NDA.

A savvy, energetic new owner may choose to onboard a project estimator and scale workload. Owners are motivated to transfer this stable business to the right buyer and will remain loyal by providing 100 hours of post-close transition support.

Please do not visit their location or make contact with employees. Call seller’s broker representative, Margot Murphy, at 949-630-5577 or email her [email protected] to coordinate next steps post-NDA. Thank you!