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Painting Company Equity Stake For Sale in Hai Phong, Vietnam

Established painting company in Hai Phong with 500 regular clients, seeks investment for expansion.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 103 thousand
Run Rate Sales USD 92 thousand
EBITDA Margin 10 - 20 %
Industries Painting
Locations  Hai Phong
Local Time 1:17 PM Asia / Ho Chi Minh
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 57 thousand for 30.0% stake (Native Currency: VND 1,500,000,000)
Reason: The investment will be used to replace high-interest, short-term borrowings with long-term growth ca... View More
Includes physical assets worth USD 38 thousand
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Business Name
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Business Overview
* Established decorative and interior & exterior painting company in Hai Phong, Vietnam, operating for nearly 5 years and specializing in residential and civil projects.
* Backed by a promoter with over 15 years of industry experience and a strong reputation for quality workmanship and professional execution.
* Built a loyal customer base of approximately 500 repeat clients and achieved peak annual revenue of around VND 6 billion 2 years ago.
* There has been a slight decline in sales this year compared to last year due to financial and working capital constraints. However, as we continue signing new projects, we expect to match or exceed last year's sales by the end of this year.
* Currently executing 8 private residential construction projects, along with 2 smaller ongoing commercial projects, with 3 additional projects scheduled to commence in early September.
* Premium Epoxy base coats, metallic paints, and other high-quality coating systems are used to deliver durable, high-end finishes.
* Strong relationships with an established agent network across Hai Phong and neighboring provinces provide a consistent pipeline of projects.
* The business has the necessary company registrations and operating permits.
* Seeking a long-term investment partner to replace high-interest short-term borrowings with stable growth capital, strengthen working capital, and support future expansion while sharing profits.
Products & Services Overview
- Services include interior and exterior painting, decorative finishes, and waterproofing solutions for roofs, basements, and swimming pools.
- Serving homeowners, residential developers, contractors, and commercial property owners in Hai Phong.
Assets Overview
Physical assets: Inventory (goods) valued at approximately VND 1 billion.

Intangible assets: Accounts receivable (uncollected debt) of approximately VND 200 million and ongoing customer contracts for construction works and projects.
Facilities Overview
The business operates from a 60 sq. m. corner property with two frontages, which is an extension of promoter's residence.
Capitalization Overview
The business has a mortgage loan of VND 500 million for a car and a goods delivery vehicle.
Has one shareholder.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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