Established Painting Company for Sale in Springfield
Springfield, MA Established 1990 2.9x SDE
Home ServicesAsking price
$657K
Annual revenue
$996K
Cash flow (SDE)
$228K
Profit margin
23%
Key insights
Operating since 1990 · 36 years of history
Team of 6 staff in place
Owner-operator role with transition support
Business overview
Founded in 1990, the business is a recognized name in the local painting market. Financial records are well organized and will support lender due diligence, including SBA financing.
Detailed information
Financials
Asking price$657K
Gross revenue$996K
Cash flow (SDE)$228K
EBITDA$203K
Profit margin23%
Valuation multiple2.9x SDE
FF&E included$118K
Seller financingCash / SBA
Real estate
Real estateLeased
Financial performance
Revenue Cash flow (SDE)Seller-provided · unaudited
2021
2022
2023
2024
2025
Reason for selling
Owner is retiring after 36 years in the business.
Support & training
Comprehensive 3-week transition included; seller open to a longer consulting arrangement.
Facilities
The business occupies a 1,380 sq ft commercial space; the space is well-maintained and fully equipped.
Location
Springfield, MA
Approximate areaOpen in OpenStreetMap →
Analyze this deal
Will the numbers work for you?
Deal Analyzer
Modeling Established Painting Company for Sale in Springfield · $657K
From this listing:Asking $657,000Revenue $996,000Cash flow (SDE) $228,000
$
$360K$1.05M
Asking price is $657K. Type an offer or drag to model one.
%
· $65,7005%50%
SBA 7(a) acquisition loans typically require ~10% down.
%
6%16%
yr
5 yr25 yr
SBA business-acquisition loans are usually 10 years.
$
$0$115K
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Your annual cash flow after debt service
$70,258
Seller's discretionary earnings, minus annual loan payments and any manager salary
Cash-on-cash
85.6%
Strong
Debt coverage (DSCR)
1.72x
Healthy
Loan payment
$8,145/mo
$97,742 / year
Cash to close
$82,125
$65,700 down + est. fees
Implied multiple
2.9x
vs 2.9x asking
Payback period
1.2 yrs
to recoup your cash
How the earnings are splitof $168,000 earnings
$97,742$70,258
Debt serviceYour cash flow
1.72x debt coverage 86% cash-on-cash 2.9x SDE · at asking
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
Open the full Deal AnalyzerArea & market intelligence
Area demographics
Median household income
$45K
Median age
33 yrs
Population
155,000
Population trend
-1%
since 2021
Springfield, MA · Source: AI estimate (Claude) · general knowledge.
How this compares (Home Services · Springfield, MA)
AI estimateAI-estimated comparable ranges from general market knowledge · as of 2026-08-04 · AI estimate (Claude) · general market knowledge. Reference only, not verified market data or a valuation.
Gross revenueThis listing: $996K · above the median
Low $550K
Financial documents & data room
Data room, behind an NDA
The documents below open to qualified buyers in the secure data room after a signed NDA.
Profit & loss statements (3 yr)
Federal tax returns
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Asking price
$657K
