SPECIALTY COATING & PAINTING CONTRACTING COMPANY

SPECIALTY COATING & PAINTING CONTRACTOR COMPANY is a family-owned business, well established for 23+ years. They focus on King and Pierce counties; however, they do have the ability to bid on jobs anywhere in and out of Washington state. Their services include specialty interior and exterior painting, specialty coating applications, and wallcovering services on a wide range of commercial projects. About 90% of the company’s business resides in Public Works, which has proven both very lucrative and recession-proof through the years. A great investment opportunity.

OFFERED AT:  $3,250,000

BUSINESS HIGHLIGHTS

• Over $5,000,000 in Contract Revenues Per Year
• $4,300,000 Dollar Backlog of Recurring, Secured Contracts
• Focus on King and Pierce counties; but Have Ability to Bid on Jobs Anywhere In and Out of Washington .
• Specializing in over 15+ Subcontractor “Division”Capabilities
• Recession-Proof Business Due to the Government’s Advance Capital Authorization Program
• Serving Niche Market Via Pre-Qualified Bidding List, “Invitation to Bid” (ITB) Proposals for Public Works Projects
• 30 In-House, Highly Trained & Skilled Craftsmen
• Offering Includes Eight (8) Company Vehicles
• 6,200 SF Warehouse / Office has 15’ Ceilings and Storage for All Inventory / Supplies / Equipment
• Business Transition Expertise & Hands-On Training Available to New Owners
• Very Profitable Business & Well Established Business w/ a Huge Barrier to Entry
• Seller Will Consider Offers w/ Seller Financing Provisions

TOURS & INQUIRIES

• For ALL tours and inquiries, call or text Cal C. Mitchell at 425.922.2886
• Please do not contact Ownership directly or disturb employees / tenants
• No tours allow without signed NDA and Listing Agent present
• Full Offering Memorandum available with signed NDA to Listing Agent