Listing Number: 0101-807987
Description
Time to retire! Ceiling contractor with solid history and bright future! Est. for 35 years. Drop ceilings, Decorative ceilings – Interior ceiling systems. Sales and installation. Serving over 100 GC’s and businesses for Commercial, Institutional & Government. Always with a great pipeline of WIP (approx. 100) and signed contracts to be started. The seller has a custom software program for keeping track of jobs. Staff includes: 1 Manager, 2 Admin in office, 1 Estimator, 7 Installers - and subcontractors as needed. The seller oversees the operation payroll, job pricing review & proposals. Buyer needs to have familiarity with reading plans and or a GC license and or Certificate of Competency for Acoustical Ceiling Specialty license. The seller may consider qualifying the license for a qualified buyer. Excellent records from tax returns. Business is operated from ½ acre yard with 1197 SF building and will offer a lease and or RE for sale. All buyers to provide professional background experience with a resume and proof of funds for review prior to any disclosure. This business is lender pre-qualified - Only buyers that bring transferable industry & management experience - and ability to replace Seller in day-to-day activities to be considered.
Listing Details
- Price: $ 3,000,000
- Down Payment: $475,000
- Sellers Discretionary Earnings: $ 817,136
- Total Sales: $ 3,128,393
- Location: Palm Beach County, Florida
- Inventory: $ 15,000
- FF&E: $ 85,000
- Employees: 11
- Year Established: 1987
- Reason for Selling: Retirement
- Category: Construction
