The company has acquired a contract for a national chain to repaint existing stores. The company has been recently formed to replace the former privately held company that previously was contracted for the painting. There are 13 stores in the first part of 2015. The contract is for $64,600. The profit should be $28,000-$30,000 after all expenses. The second part of 2015 will not start painting until August.
A former paint company has sold us the contract to repaint a number of chain store restaurants. There are 13 restaurants from Sioux Falls, to Ferguson , MO to Mesquite, TX, and as far as Alabama and Tennessee. The equipment is available and the only problem is the net 30 payment. The restaurants are painted and approved but billing and payment take 30 days. All the while there will be additional restaurants to paint while awaiting payment.