Well Established Ceiling Contractor for Sale

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$3,000,000 $3,128,393

Services: Construction, Contractors


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RE: Well Established Ceiling Contractor for Sale Broker: MARTY FISHMAN

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $3,128,393
Net Profit: Not Disclosed
Cash Flow: $817,136
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 11
BBN Listing #: 6442630
Broker Reference #: 0101807987

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Business Overview:

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 0101807987, business broker Marty Fishman 954-296-2995 when inquiring.

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Property Features and Assets:

Lease/Month: $3,500; Square Footage: 1,197; Building Type: Yard building; Terms & Options: TBD - Seller is the LL; Expiration Date: 6/30/2022.

Market Competition and Expansion:

Non Compete : Miles: 50 Years: 3

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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