Construction Sub Contractor
Location Indiana,United States
Asking Price Range $250K - $500K
Gross Revenues $1120978
Net Profit / Cash Flow $140371
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1993
Number of Employees 10 - 19
Inventory 20000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Retirement.
Description This profitable and growing company in Lake County, Ind., does residential drywall work and metal stud, drywall, insulation, acoustical ceiling and other construction work for the commercial sector. The company started in 1993 doing residential carpentry but developed its current focus in 2002. Gross revenue has been growing rapidly since, with sales increasing by $500,000 this past year alone. Although it has strong competition in the area, it stands out for its attention to detail during the bid process and workers' willingness to work whatever hours are needed. The company has an excellent reputation for its skilled, hardworking employees, quality work and competitive bids. It stands behind all its work. With 13 years in the industry, the business has strong ties to the community and enjoys a large number of loyal, repeat customers.
The company is based at the owners' home, on 3 acres of residential property. The 2,600-sq-ft house is a walkout ranch with an office in the lower level. The site also has a 2-story, 2,448-sq-ft garage and an 880-sq-ft storage building with additional storage space in the attic. The site is near several major highways and interstates, providing easy access to other communities. The company is located in a growing city less than an hour away from downtown Chicago and about 15 minutes from Munster Center for Performing Arts, and 20 minutes from the Star Plaza Theater.
The owners might be willing to stay on for three months following the business sale to facilitate a smooth transition. Contact for more information on this Construction business for sale.
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