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Texas Business For Sale |
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| PLASTERING/STUCCO COMPANY FOR SALE. |
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| Attn: Angie Horner |
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| Austin, Bastrop County, TX, USA |
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| Asking Price: |
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$4.3 million USD USA Dollars |
| Business for Sale Industry: |
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Services: Construction, Contractors |
| Reason for Selling: |
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Sadly due to failing health. |
| Year Established: |
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1997 |
| # of Employees: |
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60+ |
| Yearly Revenues: |
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$3,000,000.00 |
| Yearly Cash Flow: |
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$227,572. |
| Yearly EBITDA: |
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$513,520. |
| Yearly Net Profit: |
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$1333,482. |
| Yearly Gross Income: |
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$445,062. |
| Monthly Payroll: |
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$approx 120,000.00 |
| Total Debt: |
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$250,000.00 |
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Business for Sale Overview:
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This company has a good reputation in the trade and has long standing work history with its main customers since day one.We are certified EIFS applicators and specialize in both stucco and EIFS,coming from three generations of plasterers.We cover central Texas and with growth rate here most of our work is close and plenty.Our company is one of few doing this trade in this region and we are fortunate to be able to pick out the best projects to bid on,and receive projects from our biggest customers.We turn down many projects due to keeping the company at a size that we have been comfortable with,there is huge potential to expand.
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Property Features and Assets:
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All inventory,furniture,fixtures,and equipment are included in the sale of the business.The property is owned and the building sits on an acre of land,5 offices,plan room,3 bays,warehouse space,material storage space,kitchen and bathrooms.Commercial real estate on highway frontage in an area that is prime property,15 miles from major airport and city. |
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Market Competition and Expansion:
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There is huge potential for expansion in this company,there are few competitors in this trade and demand is high.For anyone who wants to take it there, this is the time to do it. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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