This Painting Business Is Solid - But You’re Paying for Itsmart_display

This is a residential and commercial painting business in South Florida, listed at $1.3M with about $390K in cash flow and $1.5M in revenue.

On paper, this is exactly what most buyers are looking for. Clean operations, strong margins, and a mix of residential and recurring commercial work.

Deal Snapshot

Let’s run this through a standard SBA-style scenario.

Financing Overview

After debt, you’re left with about $197K per year, which is strong for a deal at this size.

What Makes This Deal Attractive

Operationally, this checks most of the boxes.

• Healthy margins: ~26% vs ~23% industry average.
• Recurring commercial clients: Property management relationships provide stability.
• Lean model: Low overhead with scalable crew-based operations.
• Strong service mix: Multiple offerings including painting, epoxy, and pressure washing.
• Solid DSCR: 2.02 provides good debt coverage.

Where It Tightens

The issue here is not the business. It’s the price.

At 3.33x cash flow, this is above the industry average of around 2.19x.

You are paying a premium for stability and strong operations, which means less upside and less margin for error.

Additional Considerations

• Short track record: Established in 2020, which may raise questions for lenders.
• Market competition: Painting is competitive and price-sensitive.
• Execution risk: Scaling requires managing crews and maintaining quality.
• Higher industry default rate: ~4.8% vs ~3.6% overall.

BizHub Verdict

This deal scores a 6.9 / 10. A good business being sold at a slightly full price.

Everything works here. Strong margins, solid cash flow, and recurring revenue.

But you are paying for that quality upfront, which limits upside and increases sensitivity if performance slips.

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