Established Plastering Company For Sale
Business Description
Highly regarded company!
The Company is a highly-regarded plaster company working with quality general contractors and homeowners. They specialize in exterior plastering for high-end, single family, residential (SFR) new housing. The business has built an impressive referral network and enjoys repeat business from general contractors, which speaks to the quality of work and the trust they have earned in the construction community. Staffed with long-term employees, a new owner will have a team in place to ensure a smooth transition. Construction businesses of the highest quality don't come to market often, so this is a unique opportunity for a buyer to step into a well-established and profitable plastering business. A buyer can choose to continue running the business "as is" maintaining its historic profitability or leverage it as a foundation for growth. Because of an unusual down year in 2024, profits were decreased from the historic levels. However, 2025 is expected to have a dramatically strong increase.
About the Business
- Years in Operation
- 25
- Employees
- 24
- Currently Relocatable
- Yes
- Facilities & Assets
- The facilities include 2 separate properties, including buildings and acreage for the main property and acreage only for the second property. The main property is in excellent condition and completely remodeled and where the office will be relocated to and is the current location for trucks, equipment and where employees meet. The second property is used mainly for storage of items such as scaffolding and trucks. The properties are owned by the Seller and not included in the sale price of the business.
- Market Outlook / Competition
- While the growing presence of franchised operations could place competitive pressures on independent contractors, most plaster installers are localized and specialize their services to a specific regional market, reducing the threat of franchises as a minor concern.
- Opportunities for Growth
- The Company has a large potential for growth. Besides the high-end residential work currently offered, the Company could expand into work on commercial buildings, additions, alterations, maintenance and repairs. The Buyer could prospect for additional builder contractors and home owner re-modelers. A market plan and social medial presence could be initiated.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,966
About the Sale
- Seller Motivation
- Owners are retiring and will stay with the company for 4 weeks of training.
- Transition Support
- Will train for 4 weeks @ $0 cost.
- Financing Options
- Lender pre-screened with $130K down.
Listing Info
- ID
- 2246890
- Listing Views
- 2188
Listing ID: 2246890 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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