Business For Sale Listing 115782
Construction Sub Contractor
Status as of Nov-21-2008 at 06:07 PM: Off The Market
Business Summary
This profitable and growing company in Lake County, Indiana does residential drywall work and metal stud, drywall, insulation, acoustical ceiling and other construction work for the commercial sector. The company started in 1993 doing residential carpentry but developed its current focus in 2002. Gross revenue has been growing rapidly since, with sales increasing by $500,000 this past year alone. Although it has strong competition in the area, it stands out for its attention to detail during the bid process and workers’ willingness to work whatever hours are needed. The company has an excellent reputation for its skilled, hardworking employees, quality work and competitive bids. It stands behind all its work. With 13 years in the industry, the business has strong ties to the community and enjoys a large number of loyal, repeat customers.
The company is based at the owners’ home, on 3 acres of residential property. The 2,600 square foot house is a walkout ranch with an office in the lower level. The site also has a 2-story, 2,448 square foot garage and an 880 square foot storage building with additional storage space in the attic. The site is near several major highways and interstates, providing easy access to other communities. The company is located in a growing city less than an hour away from downtown Chicago and about 15 minutes from Munster Center for Performing Arts, and 20 minutes from the Star Plaza Theater.
The owners might be willing to stay on for three months following the business sale to facilitate a smooth transition.
Categories
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Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,120,978) |
| Profits: |
Between $100 Thousand and $500 Thousand ($140,371) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($475,000) |
