Time to retire! Ceiling contractor with a 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 a ½ acre yard with an 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 the ability to replace Seller in day-to-day activities to be considered. Please refer to listing , business broker Marty Fishman when inquiring.
- Asking Price:
- $3,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,128,393 (USD)
- Cash Flow:
- $817,136 (USD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: 3500 Square Footage: 1197 Building Type: Yard building
Terms & Options: TBD - Seller is the LL Expiration Date: 6/30/2022
- Premises Details:
-
Lease/Month: 3500 Square Footage: 1197 Building Type: Yard building
Terms & Options: TBD - Seller is the LL Expiration Date: 6/30/2022
- Size in square feet:
- 1,197
Business Operation
- Competition / Market:
-
Non Compete : Miles: 50 Years: 3
- Reasons for selling:
-
Retirement
- Trading hours:
-
Operating dys/hrs : M- F 7am -430pm
- Employees:
- 11
- Years established:
- 35
Other Information
- Support & training:
-
Weeks Training: 3 Cost: $0
- Financing available:
-
Loan/Other - Amt: 2,728,000 Mos: 120 Rate: 5.75 Mo Pmt: 29,945.04
- Furniture / Fixtures value:
- $85,000 (USD) - included in the asking price
- Inventory / Stock value:
- $15,000 (USD) - included in the asking price