Thirty year Drywall Contractor with excellent reputation / Retiring

Asking Price$425,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Thirty year Drywall Contractor with excellent reputation / Retiring


Asking Price$425,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
One of the top Drywall business contractors in the North Austin, Round Rock area is looking to retire after thirty years in business. The owner has built an excellent reputation among the builders in the area and is known for completing work contracts on schedule and on time. He is well respected in the industry and continues to deliver top notch work to all of his clients. They would all attest to that. He has a dedicated staff that oversees the daily routine of work orders and worker schedules for all jobs in progress. All of the drywall installers are independent contractors. The right buyer can easily take this business to a higher level of production by accepting more work orders from present home builders. Other income generating strategies can be added immediately to the company workforce by setting up a custom work division for the many custom home builders operating in this growth area of Texas.
Owner states that business could also increase net cashflow by adding other related services in the home construction field such as insulation, painting, wall texturing to name a few. Adding custom homes contracting and commercial jobs to the operation the new owners can increase profit dramatically. (Big demand and higher profit margins.)
About the Business
Years in Operation
40
Currently Relocatable
Yes
Currently Home Based
Yes
Facilities & Assets
Business is run from sellers 800 sq. ft office building. Owner built a new 3500 sq. ft. home on his five acre parcel of real estate and includes another older home on the same parcel of land which is rented. The five acre parcel has a well and two septic systems. The owner also has sixteen storage units which are rented out along with spaces for motor homes and travel trailers. There are no HOA rules requirements and the location allows for horses on the five acres. Texas A&M College and Texas State secondary colleges are two miles from here. See Google.
Market Outlook / Competition
Owner has all the work he can handle. The company is well known in the industry and can be expanded with the addition of other trades.
Opportunities for Growth
Growth and development are here to stay for the next twenty years as more newcomers to the Austin, Round Rock and surrounding towns seem to like the Texas atmosphere and the Hill country excursions. The new Kalahari Resort is only three miles from sellers business location. If your'e ambition is to grow the business then this is the business to do it in. Owner will train the buyer in systems and procedures for all modes of operation and expansion.
About the Sale
Seller Motivation
Owner is retiring
Transition Support
As needed. Owner will help in expansion of business.
Financing Options
There should not be a problem with financing business with major banks.
Listing Info
ID
1880773
Listing Views
3387
Business Location

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Business Listed by: Jorge Couto Business Exchange Network

Listing ID: 1880773 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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