Residential & Commercial Drywall Business for Sale
(ID# 186)
(Seller Ref# L1011)
Financials
| Asking Price: |
$795,000 |
| Sales Revenue: |
$2,600,000 |
| Net Profit: |
$535,000 |
Furniture, Fixtures
& Equipment: |
$132,000
(included in asking price) |
| Stock: |
$10,000 (included in asking price)
|
|
|
Business Summary
|
Commercial and residential drywall company that has been in business in Saskatoon for nearly 10 years is now up for sale. Customers include many general contractors, homeowners, property managers and institutions. Most of the jobs involve all of steel stud placement, insulation, vapour barrier, boarding, taping, finishing, and ceiling installations. Some long term staff in place. Plenty of trucks and equipment. Stand alone building in the north end of Saskatoon is available for lease or purchase. Company has shown strong growth and business is booming right now. Excellent revenue and profits going to the owners. Present owners will train the purchaser(s) on how to run this business successfully. Potential for vendor financing exists. The construction industry in Saskatchewan is expected to be be very strong for the forseeable future.
|
General Information
| Employees: |
17 |
| Year Established: |
1999 |
| Trading Hours: |
M-F 8 AM - 5 PM |
Property/Location
| Location: |
Very good central location. |
| Lease Terms: |
Terms would be approx. $1,600 per month plus |
Other Information
| Training Support: |
Owners will be available for a few months to train the purchaser(s) on how to run the business, on estimating, reading blueprints, and how to handle customer relations. |
| Market Outlook: |
Excellent market with strong demand and rising revenues.
Expansion could happen fairly easily with more estimating, a few more staff / contractors, and maybe a few more trucks. |
| Reason Selling: |
One owner retiring, the other owner may pursue other interests. |
| Financing: |
Vendor will consider financing a portion of the business to the right purchaser. |
| Website: |
www.sunbeltnetwork.com/saskatoon |
