Installer of Gypsum Lightweight Underlayment Flooring

Mid South

Installer of Gypsum Lightweight Underlayment Flooring
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Asking Price: Get Financing: N/A

Cash Flow: N/A

Gross Revenue: $2,000,000

EBITDA: $680,000

FF&E: N/A

Inventory: N/A

Established: N/A

Installer of Gypsum Lightweight Underlayment Flooring

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Business Description

Available for acquisition is a company that specializes in gypsum lightweight flooring underlayment. It provides floor leveling, floor toppings, concrete repair, resurfacing and sealing, and sound control floor systems. Gypsum concrete is a building material used as a floor underlayment in wood-frame and concrete construction for fire ratings, sound reduction, radiant heating, and floor leveling.

The Company targets multi-family, student housing, and commercial projects, and is supported by 3 full-time and 6 part-time employees. With over 60 customers in its database, the Company maintains a rate of repeat business at 75%.

Highlights:

Facility: The Company operates in a facility that comprises of 10,700 square feet, and is utilized for storage and functional purposes. The facility is leased from a related party at fair market rate, and can accommodate significantly higher revenues without major facility improvements or capital equipment expenditures.

Strong Supplier Relationships: The Company has built a long standing relationship with the industry leader of gypsum products in the United States. The supplier manufactures and markets gypsum and related products to construct walls, ceilings, roofs, and floors of commercial and institutional buildings, as well as various other applications.

Backlog of Signed Contracts: The Company’s backlog of revenue to be realized on current projects under contract was approximately $1.35 million, and management anticipates the completion and recognition of $570,000 of backlog revenue by August 2017.

Strong Customer Base and Geographic Reach: The Company continues to maintain relationships with clients as well as generate new ones while expanding geographically outside its local region.

Detailed Information

Reason for Selling:
Exit Planning - Retirement
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(from currently available funds)
 
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Luan Ly

Business Listed By:
Luan Ly

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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