Sioux Falls Area Drywall Company

Not Disclosed, SD
Minnehaha County

Asking Price: Annual Revenue:
$190,000 $292,388

Services: Construction, Contractors

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RE: Sioux Falls Area Drywall Company Broker: Josh Grode Wolters
Owner Financing is Available!
$170,000 down/$20,000 over 60 months @ 5%.

Quick Facts

Asking Price: $190,000
Annual Revenue: $292,388
Net Profit: Not Disclosed
Cash Flow: $132,571
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 1
BBN Listing #: 21434955
Broker Reference #: 5401-16844

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Business Overview:

The Company has had a single owner for over a quarter century. The primary focus is new home construction and basement finishing. Light commercial work makes up a small portion of revenues. Certain aspects of the drywall process (e.g., hanging) could be subcontracted out to increase margins.

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Property Features and Assets:

This business is home-based. All that’s required is a pickup and a small storage space. The current owner utilizes a 10x30 cold storage unit. Some small inventory items are kept in the owner’s garage. Assets = $20,000.

Market Competition and Expansion:

There is very little competition in this niche. Other, larger companies focus on different aspects of the construction trade and are generally not considered competition. Sioux Falls had over $640 million in residential constructions permits issued in 2021. Building trades will continue to be in high demand and the area’s growth shows no sign of slowing. Adding employees could generate the ability to do more work. There are some aspects of the trade that could be subbed out, allowing for more, high-margin time in the field. Adding services such as painting could also be used to grow the company. Since almost all the work is residential, a new owner could create new business by developing a commercial side.

Reason for Selling:

Owner is ready to retire.

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.

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