For Sale: Commercial Finishing Contractor - Cullman, Alabama


Asking Price

  • Address: Cullman,

  • Status: Active

  • Posting ID: 281859

  • 7/31/23

Cullman Commercial Finishing Contractor Business For Sale


This listing is for a commercial maintenance coating company that has served Central and North Alabama for 70 years. As the third generation approaches retirement it is time for the business to be handed off.

This company has performed with average revenues for the last 4 years of $2,788,000. The contract maintenance side of the enterprise serves the healthcare industry and defense industry space and many others in North Alabama. Architectural Coatings maintenance and Commercial Flooring service revenues occur in Cullman, Jefferson, Morgan, Madison, Walker counties, and others.

The adjusted owner benefit for the company for the last 3 years has been $440,000. 2023 revenues and profits are expected to perform above average. Currently, project quotes on the books are over $1,000,000.

The company has also amassed the assets of 6 commercial locations, spread over their service footprint, that is available as well, in whole or, as part of the transaction with an FMV estimated at $4,351,000.

For more information, contact the listing agent. All prospects inquiring will be required to execute confidentiality and non-disclosure agreements.

Detailed Information
Location: Cullman, AL
Inventory: Not included in the asking price
Real Estate: Owned, Not included in the asking price
Building SF:15,000
Employees:32 FTE

Facilities: The contracting operations are run from a 15,000 SF free-standing commercial location with a fenced lot for company vehicles and open parking for customers, Warehouse space currently occupies 70% of the space, and a showroom and offices occupy 30%

Competition: The company expects continued in the sectors they service in North Alabama and believe are services could be added.

Financing: The sellers understand the current lending market may create some owner-held components

Support & Training: Seller will negotiate a transition period

Reason for Selling: Retirement

To get more information about this Commercial Finishing Contractor business for sale in Cullman please phone Rick Gilmore at 205-879-7220 Text and 205-369-5584 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281859 on BizBen.com. In addition to phoning Rick Gilmore, make sure you email Rick Gilmore above to get more info about this Commercial Finishing Contractor, to ask any questions or request an appointment to see this business for sale. Thank you. Sunbelt of Birmingham, AL.

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  1. Name: Rick Gilmore
  2. phone iconPhone: 205-879-7220 Text
  3. phone iconPhone: 205-369-5584


  1. Asking Price: $1,806,000.00

  2. Down: Call/Email

  3. Cash Flow: $505,087.00

  4. Revenue:    $2,889,392.00

  1. Area: Cullman

  2. City: Cullman

  1. Attributes:

    Broker CooperationTraining & SupportReal Estate AvailableOwner/Seller FinancingSBA Loan Pre-Qualified

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