Comm. Metal Stud Framing, Drywall, and Lathing

Not Disclosed, MN

Asking Price: Annual Revenue:
$5,200,000 $5,853,835

Services: Construction, Contractors

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RE: Comm. Metal Stud Framing, Drywall, and Lathing Broker: Pat Steffl

Quick Facts

Asking Price: $5,200,000
Annual Revenue: $5,853,835
Net Profit: Not Disclosed
Cash Flow: $1,079,862
Total Debt: Not Disclosed
FF&E: $600,000
Real Estate: $450,000
Year Established: 1989
Employees: 61
BBN Listing #: 40204955
Broker Reference #: 5101-16233

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Business Overview:

COVID RESISTANT, ESSENTIAL Commercial construction contractor providing structural and Interior Light Gauge Metal Stud Framing, Insulation, Drywall, Taping and Lathing. Record sales in 2020 and 2019. 2021 off to similar, or better, start with a large pipeline of work and additional future bids to be considered.

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Property Features and Assets:

The business is located in a vibrant metro area and operates from a modern 9,500+ square feet post-frame building located in the industrial park. 4,400 square feet of heated workspace, 4,400 square feet of cold storage and 782 square feet of office space. The business owner also owns the real estate which is included in the sale. Assets = $1,050,000.

Market Competition and Expansion:

Normal. Complementary division could be added and aggressive expansion into neighboring metro communities could produce quick and sustainable growth.

Reason for Selling:

Owner transition to retirement.

Additional Details:

  • The property is owned.
  • 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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