Confidential Address Shakopee, MN 55379
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 0 Confidential Address
- Property type
- Commercial real estate
Description
This thriving painting business, located in Southern Minnesota (Shakopee, zip code 55379), is offered for sale at $350,000. Boasting a substantial client base and a stellar reputation, evidenced by a 4.9 Google rating (approximately 450 reviews) and three consecutive Angi Super Service Awards, this well-established enterprise has generated a gross revenue of $1,389,351 and an SDE of $113,991. The business, currently employing 15 people (10 full-time, 5 part-time), operates Monday through Friday from 8 am to 5 pm, with Saturday hours adjusted based on demand. The current owner, retiring after 9 years, offers four weeks of support and training to ensure a smooth transition. A non-compete agreement covering a 1000-mile radius for six years is included. The business is easily relocatable, requiring approximately 1100 square feet of space, offering flexibility for the new owner. Furniture, fixtures, and equipment are valued at $500. This presents a unique opportunity to acquire a profitable and reputable business with significant growth potential. The business is known for its reliability, speed, and cleanliness.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shakopee
- County
- Scott
- State
- Minnesota
- Longitude
- -92.8378
- Latitude
- 44.9089
