SEEKING BUYER
$950K Rev, Established Residential Painting Contractor, Absentee-Ready
Construction · St. Petersburg, FL, USA
revenue: $953,433
ebitda: $223,250
Exclusivity:
Exclusive Representation
SBA Eligiblity:
Eligible
Revenue:
$953,433
EBITDA:
$223,250
Reising Tides Home Improvements, LLC, doing business as 360 Painting of Palm Harbor, is the local territory franchise of 360 Painting, a nationally recognized painting brand, serving Palm Harbor and North Pinellas County, Florida. Founded in 2023, the business delivers exterior and interior repaints, cabinet painting, and custom new-construction painting, with homeowners making up roughly 75% of revenue and builders and contractors the balance. Revenue has grown every year since founding, from $179K in the 2023 startup year to $602K in 2024 to $953K in 2025, with performance continuing to trend upward into 2026.
This is a young business whose entire history is a growth curve, built on a deliberately lean model. All painting work is performed by subcontractor crews, the same core crews have been in place for over three years, delivering the consistency behind nearly 100 five-star Google reviews and a customer database of more than 1,200 names. Because labor is fully subcontracted, the business carries no painting payroll and no idle labor between jobs, and it scales with demand: typically two to three larger jobs running concurrently, or four to five smaller jobs in a week. The cash cycle works in the owner's favor, customers pay 30% at signing, which covers materials, with the balance at completion, so jobs are substantially self-funding and working capital needs are minimal.
The owner is the sole employee, spending 25 to 35 hours per week on sales, operations, and the start-and-finish walkthrough on each job. Lead flow doesn't depend on his personal network: a specialist digital agency manages SEO and paid search at $3,000 per month (over $30K invested in 2025), supplemented by word-of-mouth referrals, online reviews, and local networking, and the agency relationship transfers with the business. For a buyer who wants the operating seat, it's a well-defined one-person role. For a buyer who doesn't, the 360 Painting franchise system has a documented track record of supporting semi-absentee and fully absentee ownership through a hired general manager, with the playbook to match.
The reason for sale is refreshingly ordinary: the owner lives in St. Petersburg, at the other end of the county from the territory, and the commute has outlasted its welcome. He'll support a new owner for up to three months to ensure a smooth handoff, and the franchise brings its own onboarding and training on top of that. The business transfers cash-free and debt-free, with the original franchise and startup loan retired from seller proceeds at closing.
The honest framing: this is a three-year-old business, priced like one, growing like one, a proven playbook, an established territory, a running lead engine, and a growth curve that hasn't flattened, for a buyer who wants the growth in front of them rather than behind them.
📍St Petersburg, FL
💰Asking Price: $567,000
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