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Well Established Ceiling Contractor For Sale

Palm Beach County, Florida, US
Asking Price:
$3,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,128,393 (USD)
Cash Flow:
$817,136 (USD)

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.

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

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