Business for Sale Case Studies
Sale of Painting & Restoration Business

Niche Home Painting & Restoration Business: Buyer leaves corporate world and buys niche business focused on restoring vintage Victorian homes

Business Broker

Bil Zarch

Situation

The founder and owner of this unique home painting and restoration business was ready for a change. Since launching the business in 1996, he had grown the business, earned a quality reputation throughout the North Shore of Boston and the northern suburbs of Boston. Recently, he and his wife had purchased a second home and were ready to make a lifestyle change. They found BayState Business Brokers via an online search and started working with Business Broker Bil Zarch.

BayState Business Brokers’ Approach

Bil Zarch developed the BayState Confidential Brief, BayState’s version of the industry’s Confidential Business Review (CBR) or Confidential Information Memorandum (CIM) to start marketing this niche painting business focused on restoring vintage Victorian homes. A list of strategic buyers who were interested in residential painting companies was targeted as were individual buyers.

Prior to the business listing going live, a friend introduced Bil to an individual who had recently left the corporate world and was evaluating what he wanted to do next. During the initial conversation, it became evident to Bil that he may have just the right opportunity for this individual to make a change.

 Bil presented the painting and restoration business as a career changing opportunity and interest was immediately generated. A letter of intent was signed, and the prospective buyer and the seller quickly formed a relationship where the seller was thrilled to feel his legacy would continue with this individual buyer. 

The due diligence process proceeded smoothly. BayState Business Brokers recommended a preferred SBA lender to the buyer while the seller agreed to seller financing. The sale included the purchase of multiple trucks and light materials.

Results

The sale proceeded smoothly, including the seller agreeing to an extended transition period to enable the new owner to get familiar with the business and the residential painting industry. The buyer was thrilled to buy a new career offering growth opportunities and the chance to be in charge of his destiny. As owner, he would leverage his core skill set to be the rainmaker for the business, continuing to build a pipeline of business for the stable group of contractor teams in place to complete the painting and restoration jobs.

BayState Business Brokers’ goal is to quarterback the process and enable the result where both buyer and seller achieve their goals and are happy. The stars were aligned for this sale and Bil Zarch was thrilled to help make it happen.

Case Studies

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Frank Anthony’s Gourmet Market

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Award Winning Event Planning and Rental Business

Award Winning Event Planning and Rental Business

Niche Home Painting & Restoration Business: Buyer leaves corporate world and buys niche business focused on restoring vintage Victorian homes

Niche Home Painting & Restoration Business: Buyer leaves corporate world and buys niche business focused on restoring vintage Victorian homes

Two Convenience Stores & Gas Station

Two Convenience Stores & Gas Station

Nuclead Co., Inc., and Sharp Manufacturing Inc.

Nuclead Co., Inc., and Sharp Manufacturing Inc.

Full-Service Auto Repair & Tire Shop: Third-generation business including two buildings successfully sold to individual buyer

Full-Service Auto Repair & Tire Shop: Third-generation business including two buildings successfully sold to individual buyer

Account Matters, Inc. – Sale successfully brokered via auction process to a strategic buyer as a platform investment

Account Matters, Inc. – Sale successfully brokered via auction process to a strategic buyer as a platform investment

National Distributor of Aftermarket Automotive Parts in Central New England

National Distributor of Aftermarket Automotive Parts in Central New England

Wholesale / Retail Appliance Business: BayState Business Brokers completes deal to sell an appliance retail business to an online buyer.

Wholesale / Retail Appliance Business: BayState Business Brokers completes deal to sell an appliance retail business to an online buyer.

Large E-Commerce Seller of Equipment & Apparel for Outdoor Sports & Recreation

Large E-Commerce Seller of Equipment & Apparel for Outdoor Sports & Recreation

Managed IT Services Provider – Virtual business with diverse revenue streams and client base sold to individual buyer

Managed IT Services Provider – Virtual business with diverse revenue streams and client base sold to individual buyer

MedWell Health and Wellness Centers – Medical Marijuana Certification Business serving the MA, RI and FL markets sold to industry buyer

MedWell Health and Wellness Centers – Medical Marijuana Certification Business serving the MA, RI and FL markets sold to industry buyer

Niche Manufacturer – BayState Business Brokers successfully brokered the sale of Federal-Fabrics-Fibers Inc. to industry buyer, HDT Global

Niche Manufacturer – BayState Business Brokers successfully brokered the sale of Federal-Fabrics-Fibers Inc. to industry buyer, HDT Global

Successfully brokered sale of plumbing business in Wilmington, MA to an industry buyer in North Andover

Successfully brokered sale of plumbing business in Wilmington, MA to an industry buyer in North Andover

Day Care Center with Two Locations and Real Estate Sold to Strategic Buyer

Day Care Center with Two Locations and Real Estate Sold to Strategic Buyer

APPS Paramedical of MA – Business Owner Retires while Individual Buyer Starts New Career

APPS Paramedical of MA – Business Owner Retires while Individual Buyer Starts New Career

Auto repair shop in an affluent Boston suburb sold to individual buyer for $425,000

Auto repair shop in an affluent Boston suburb sold to individual buyer for $425,000

Amada Senior Care Franchise – Industry Buyer Acquires High-Performing, Professional Home Health Care Business

Amada Senior Care Franchise – Industry Buyer Acquires High-Performing, Professional Home Health Care Business

Trailer Manufacturer: Sold legacy, family owned trailer manufacturer in Plymouth, MA successfully overcoming several hurdles

Trailer Manufacturer: Sold legacy, family owned trailer manufacturer in Plymouth, MA successfully overcoming several hurdles

BayState Business Brokers sold a plumbing and HVAC business located on the South Shore of Massachusetts

BayState Business Brokers sold a plumbing and HVAC business located on the South Shore of Massachusetts

BayState Business Brokers sold Montessori Centre of Barrington, a school with real estate in Barrington, Rhode Island

BayState Business Brokers sold Montessori Centre of Barrington, a school with real estate in Barrington, Rhode Island

Busa Wine and Spirits: Sale of a multi-generational family-owned business with four liquor stores in Lexington, Woburn and Salem, MA

Busa Wine and Spirits: Sale of a multi-generational family-owned business with four liquor stores in Lexington, Woburn and Salem, MA

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James A. Tomolo, Jr. Certified Public Accountant: Quick and Effective Sale of a Thriving CPA Practice

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Landscaping Company: Sale of This Business Enabled Owner and Buyer to Pursue their Desired Career Path

Landscaping Company: Sale of This Business Enabled Owner and Buyer to Pursue their Desired Career Path

Spirit Haus Liquor: Finding the Right Buyer to Continue Owner’s Legacy Built Over 50 Years

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Swimming Pool Company: Leveraging Deep Industry Expertise to Sell During the Pandemic, Enabling the Owner to Retire

Swimming Pool Company: Leveraging Deep Industry Expertise to Sell During the Pandemic, Enabling the Owner to Retire

The Wellness Room: Quickly Securing a Qualified Buyer to Continue Owner’s Legacy of Providing Quality Behavioral Health Services

The Wellness Room: Quickly Securing a Qualified Buyer to Continue Owner’s Legacy of Providing Quality Behavioral Health Services

Community Rehab Care: Finding the Perfect Buyer, Enabling Owners to Retire and Continue Their Legacy

Community Rehab Care: Finding the Perfect Buyer, Enabling Owners to Retire and Continue Their Legacy