Essential Business - Drywall Contracting Opportunity

Listing Number: 28647-332351

Description

This drywall contracting company has been established since 1994. The founder is an industry veteran who has leveraged his experience and network to streamline this operation. As a result of the twenty six year history, many inefficiencies and struggles have been eliminated that you normally would see in the construction industry. The result is a drywall contracting empire that averages thirty-five to forty houses a month. The team is comprised of ten team members that have been with the company for a significant period of time. The turnover is extremely low, especially considering the turnover normally associated with the construction industry. The business leverages a subcontractor network to assist in servicing accounts. The business has been structured so that it may swing upwards with increasing volume with little notice. It has added that capability without having to commit to the long term liability of a large team of employees. One of the success factors of this business is its ability to attain and retain commercial accounts. These long term accounts are only maintained, when a system of quality control has been implemented and regulated. The owner stepped away from the day to day operations of this business five years ago. With a seasoned management team in place, the owner enjoys significant annual income from this business while working roughly 15 hours a week in this business. The owner is looking to completely step away so that he may pursue a cause that he is passionate about.

Listing Details

  • Price: $2,400,000
  • Down Payment: $2,400,000
  • Sellers Discretionary Earnings: $555,000
  • Total Sales: $4,615,907
  • Location: Jefferson County, Kentucky

  • Inventory: $0
  • FF&E: $138,620
  • Employees: 10
  • Year Established: 1994
  • Reason for Selling: Wants to pursue other interests
  • Category: Construction
Essential Business - Drywall Contracting Opportunity

Business Listed By:

Jordan Satterwhite