NOT DISCLOSED, Indiana
| Asking Price |
$1,000,000 |
Year Established |
1999 |
|
| Annual Revenue |
$2,514,419 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Phil Eleson |
|
| Annual Cash Flow |
$431,744 |
Listing Number |
984944 |
|
| # of Employees |
6 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
Headquartered in Southern IN, the Company specializes in the installation and repair of high-quality drywall. The Company services a variety of residential and commercial customers across the region. The Company works closely with a core group of loyal subcontractors in the area who perform the hanging and repair of drywall. Salaried employees of the Company perform finishing on all projects.
The business is owner-operated by an industry veteran with 25+ years of experience in the drywall business.
Property Features and Assets:
<p>The Company operates out of a home-based office in Southern Indiana and services customers throughout Greater Louisville and the surrounding areas. To date, the Company’s focus has been jobs in Southern Indiana, but projects have been completed as far away as Evansville, IN, Lafayette, IN, and Lexington, KY.<br></p><p>Assets = $8,000<br></p>
Market Competition and Expansion:
<p>The drywall and insulation industry in Indiana and Kentucky has experienced recent declines in revenue, establishments, and employment, diverging from modest national growth. While Indiana is projected to see slow growth, the Kentucky industry is anticipated to further contract through 2029.<br></p><p><br></p><p>Potential opportunities for growth include:</p><div><ul><li>Market Expansion: Potential to expand services to neighboring regions and thus increase potential customer base, as focus to date has been in Southern Indiana.</li></ul><ul><li>Online Presence: Strengthening online presence through creation of a robust website and social media pages, as well as implementation online advertising to attract more customers across the region.</li></ul><ul><li>Product Expansion: Potential expansion into commercial projects, beyond multi-family.</li></ul></div>
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