Buy a Commercial & Residential Drywall Business For Sale business for sale in Saskatoon on BusinessesForSale.com

  • Advert ID: 585188
  • (Seller ref: L1006)

Commercial & Residential Drywall Business For Sale


SOLD (Subject to Contract)

Location:
Category:
Asking price:
$275,000
Sales revenue:
> $500k < $1.5m
Net profit:
< $500k
Years established:
22
Employees:
7 staff.
Relocatable:
This business can be relocated.


Commercial and residential drywall company that has been in business in Saskatoon for 22 years is now up for sale. Insurance claims for property damages drives much of the business in from repeat customers, who are primarily insurance companies. Long term staff in place. Leased premises in the north end of Saskatoon provides good access to main routes. Services offered include installation of textured, spantex, and suspended ceilings, steel studs, insulation and vapour barrier, and boarding, taping, and finishing of walls. Revenues have been rising for the past 3 years. Excellent revenue and profits going to the owner year after year. Present owner will train the purchaser(s) on how to run the business successfully. Potential for vendor financing exists. The construction industry in Saskatchewan is expected to be very strong for the foreseeable future.


Real Estate:
Lease
Lease terms:
Leae expires July 31, 2008. Space occupied is 1500 square feet.
Location:
North industrial area with good access to main routes.

Expansion potential:
There is work available within the province but outside of Saskatoon and more work available in the neighboring provinces.
Competition / Market:
A number of competitors in this trade. There is plenty of work available to this Company which has been in business and has served it's customers well for 22 years running.
Support & training:
Present owner willing to train purchaser on obtaining jobs, managing work sites and how to run this business successfully.
Reasons for selling:
Owner has other interests and would like to semi-retire. WIlling to sign non-competition agreement.
Trading hours:
8 AM to 5 PM
Financing available:
Vendor will look at financing a portion of the selling price.

For more information about this business for sale, click the Contact Seller button.

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