Successful DRYWALL COMPANY in Metro Detroit For Sale

Oakland County, MI (Relocatable)

Successful DRYWALL COMPANY in Metro Detroit For Sale
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Asking Price: Get Financing: $2,300,000

Cash Flow: $842,928

Gross Revenue: $5,797,719

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $1,800 /SF/Month

Established: 1976

Successful DRYWALL COMPANY in Metro Detroit For Sale

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Business Description

SUCCESSFUL AND WELL ESTABLISHED DRYWALL SUPPLY & INSTALLATION COMPANY LOCATED IN METROPOLITAN DETROIT. OWNER IN THE DRYWALL BUSINESS SINCE 1976 AND LOOKING TO RETIRE. BIG DEMAND FOR DRYWALL SERVICES WITH LOTS OF NEW HOME CONSTRUCTION DEVELOPMENTS. Confidentiality Agreement Required to obtain detailed information and financials. Accounts Receivables are not included in Sale.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
5/31/2020
Employees:
30
Facilities:
5,000 Sq Ft Building in Oakland County
Competition:
The real estate / housing market has a storage of existing home inventory, therefore Builder's are seeing a grand opportunity to build an inventory of new homes to keep up with home buyer demand. Builders of course need Drywall & Installers. Over $5.7M in total revenue last year (in 2017) with $842,928 in Profit. Established, reoccurring clientele. Sales Price includes existing business, current inventory of drywall, equipment (which includes 5 vehicles, Hi-Lo, Scaffolding, office equipment, industrial Blue-Print Copier, company, website & reputation, etc.). Main facility is leased space with approx. 5,000sq ft. Dependable Installers & Staff. Owner retiring, but willing to stay on for up to 6 months to train new ownership. Prospective buyers will need to sign Confidentiality Agreement to learn more about this great opportunity to own an established Drywall company grossing over $475,000 per month!
Growth & Expansion:
Revenue is mainly from established reoccurring accounts. If a new owner choose to implement additional marketing, lots of growth & expansion is possible.
Support & Training:
Owner willing to stay on for up to 6 months to train new ownership.
Reason for Selling:
Owner Retiring
Business Website:
http://www.metrosold.com/Business.html
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(from currently available funds)
 
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Chris Baldridge

Business Listed By:
Chris Baldridge

Michigan Metropolitan, Realtors.

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