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Business for Sale
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Hancock County, Ohio
Asking Price$165,000
Annual Revenue$185,646
SDE$62,339
Financial Highlights
- Asking
- $165,000
- Revenue
- $185,646
- SDE
- $62,339
Business Description
Painting & Concrete Coatings, established in 2015, is a leading painting and epoxy flooring company located in Northwest, Ohio — Known for exceptional customer service, high-quality workmanship, and distinctive branding. The business has a loyal customer base, a strong brand identity, and is franchise-ready for scalable growth. The foreman is willing to stay post-sale, ensuring a seamless transition.
**Business Overview**
**Founded:** 2015
**Location:**Northwest, Ohio
**Facility:** 1,250 sq. ft. (500 sq. ft. warehouse, 500 sq. ft. showroom, 250 sq. ft. office)
**Lease:** $950/month (utilities included); flexible lease terms with a twoyear agreement available.
**Key Strengths:** Strong brand and easy franchise potential.
**Products & Services**
**Painting:** Interior Residential (70%), Exterior Residential (20%), Commercial (10%).
**Concrete Coatings:** Garage Floors (80%), Porches, Basements & Countertops (20%), plus occasional furniture refinishing.
**Industry Insights & Growth Opportunities**
The $40 billion U.S. painting industry is led by residential demand. The concrete coatings market is growing at 5.6% CAGR, with epoxy coatings popular for durability and low maintenance. Growth opportunities include franchise expansion, commercial services, additional coatings, and digital marketing enhancements.
**Why Invest?**
Market leader with an epoxy showroom in the area.
Recognizable brand with loyal customers and stable revenue.
Franchiseready with streamlined operations.
Prime location in a thriving community.
Business Details
- Location
- Hancock County, Ohio
Growth & Value Simulator
Why this is here: If you buy this business and grow revenue while expenses stay flat, that extra revenue usually drops to the bottom line. A modest growth rate can translate into a much higher exit value because buyers price businesses on earnings × a multiple.
Assumes expenses stay flat.
Minimum 2.5× is common on main-street deals.
Base Revenue
$185,646
Base SDE (today)
$62,339
Implied Value (today)
$155,848 @ 2.50×
Year 3 Revenue
$214,908
Year 3 SDE (flat expenses)
$91,601
Year 3 Implied Value
$229,004 @ 2.50×
Added value after 3 years (vs. today)
$73,156
Assumes revenue grows by 5.0% per year, expenses stay the same, and the valuation multiple stays constant at 2.50×. This is a quick, directional gut-check — not a forecast. Real-world costs and multiples can change.