Napa Valley Drywall Contractor with SDE of $551...

Napa County, CA
Napa County


Asking Price: Annual Revenue:
$1,150,000 $2,138,260

Services: Construction, Contractors


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RE: Napa Valley Drywall Contractor with SDE of $551... Broker: D. Joe Atchison
License #: 01438544
Owner Financing is Available!

Quick Facts

Asking Price: $1,150,000
Annual Revenue: $2,138,260
Net Profit: Not Disclosed
Cash Flow: $551,781
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 2016
Employees: 12
BBN Listing #: 399438372
Broker Reference #: RIVERCA001-N1081

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Business Overview:

Business for this profitable and well-established specialty trades contractor is booming. They serve General Contractors, Business and Home and owners doing both commercial and high-end residential construction in the exclusive greater Napa Valley area. Their specialty is high-quality metal framing and drywall installation with a wide range of artistic and finer finish techniques. Their clients include upscale resorts, hotels, wineries and larger custom residences. Their employees include exceptionally trained and efficient crews with long-term journeyman leadership. Recent wildfires destroyed over 680 Napa Valley homes last year in addition to the 1,800 lost in 2017. Rebuilding these is in addition to a steady flow of new construction and remodel work. The Company also has a commercial contractor customer who has encouraged them to take on a $2.2M Napa Valley hotel job late this year but the Company does not have the interest in taking on this size of a job in addition to serving their current customers at this time. This opportunity could be available to a buyer with the desire and funds for this size of a project. This one job which could more than double revenues over the next two years. The company's current backlog is $979,000 with projected revenues for 2022 being well over $2M. There are plenty of large jobs in the Napa Valley with few other companies that can handle the size and custom details that the Company provides. Upside potential includes growing the metal framing business, adding a painting division, a patching and repairs divisions and addressing the many multi-family projects that are available to bid. Price Includes: Multiple sets of taping, finishing tools, scaffolding, heating and blowers and a 2001 flatbed truck. Included is the seller’s social media with 4,400 local followers. Additive to the asking price are accounts receivable of about $150,000. A C-9 contractor’s licenses is required to operate the business and the owner is willing to continue as an RME with their licenses for a reasonable period of time. Seller willing to carry up to a 25% seller note for a suitable qualified buyer.

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Property Features and Assets:

Real Estate License ID: 01438544

Reason for Selling:

Retirement

Additional Details:

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

Relevant Links:

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