* Included in Asking Price
Great opportunity to purchase an established and reputable drywall installation and framing contractor serving commercial customers across the DC metro area. The business was founded in 2006 and consistently delivers quality service, professionalism, and an unmatched level of project management in their work. The business has cultivated many loyal and repeat customers by offering competitive pricing, on-time performance, a commitment to job safety, and a high degree of attention to detail in collaboration with the sub-contractors they use to do the work.
The primary services offered include: installation of drywall systems, exterior sheathing, acoustical ceiling systems, insulation, hollow metal frame door installation, rough carpentry, FRP paneling, and interior fit up and exterior structural metal frame systems. The business uses high quality materials from respected manufacturers in their work. Over the past 15 years, the company has steadily grown and completed many successful projects and earned accolades from clients, developers, and general contractors alike.
The business has a great reputation and existing customer base so the next owner will be able to step in and build on the years of success. The business was impacted by COVID during 2020, but has shown increasing revenue and projects picking back up to pre-pandemic levels in 2021 on par with prior years. The revenue and cash flow figures stated in the listing are a five-year average from 2015-2019. While 2020 was a down year due to COVID, the business has shown reliable and consistent revenue and cash flow numbers leading up to last year.
|Facilities:||The business operates out of a commercial office building in Northern Virginia. The space is leased for only $654/month and has flexible annual renewal terms. The next owner could relocate the business to a location of their choosing at their discretion.|
|Competition:||There is standard competition in the commercial drywall contracting space, but the business has been established for 15 years and has a strong presence in the market.|
|Growth Potential:||The demand for commercial construction and renovation services in the DC metro area is strong and stable. There is also room for growth and expansion into complementary or residential services. A new owner might also consider hiring an individual to assist with back office operations, project management, and customer service as needed.|
|Training/Support:||Seller will offer necessary training and support.|
|Seller Financing:||Available depending on the final purchase price, terms and qualifications of the buyer.|
|Sale Reason:||Owner is planning on retiring and relocating out of the area.|
Seller Reference #HZ467DZ
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