Established, Highly Profitable Indoor Plastering Company

Monterey County, CA

Seller Financing Available

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Asking Price:$1,800,000
Gross Revenue:$3,820,000
Cash Flow:$640,000
Rent:$3,500/Month
BUSINESS DESCRIPTION

Strong Reputation Indoor Construction Company with High Profits

Are you ready to step into a thriving business in the construction industry? An exceptional opportunity awaits with this well-established indoor plastering construction company, now available for purchase.
Key Highlights:

• Proven Track Record: Over 40 years of successful operations with a loyal customer base and strong industry reputation.
• Skilled Workforce: Approximately 25 W-2, Highly trained and experienced team of plasterers who deliver top-quality craftsmanship on every project. An additional 25-30 Sub-Contracted workforce utilized based on job load and size.
• Diverse Clientele: With their focus being primarily on the upscale & wealthy residential sector, this company has amassed a large clientele of high-end homeowners over their 40+ year history, providing a significant volume of referrals on a regular basis.
• Strong Financial Performance: Consistent YoY revenue and profitability.
• Prime Location: Operating in the affluent areas of Carmel & Pebble Beach for construction and renovation projects.
• Turnkey Operation: Comprehensive systems and personnel in place for smooth day-to-day management, from scheduling to invoicing.
• Potential for Growth: Room to expand service offerings or geographic reach, tapping into new markets and clients.

Why Buy This Business?

• Strong Margins: Efficient operation with a solid foundation for continued profitability.
• Solid Reputation: The company is well-regarded for its craftsmanship, reliability, and professionalism.
• Immediate Cash Flow: Ongoing contracts and projects ensure cash flow from day one.

Whether you're an experienced contractor looking to expand your portfolio or an entrepreneur seeking an exciting new venture, this plastering construction company offers everything you need to succeed in the booming construction market.

Asking Price: $1,800,000
For more information or to schedule a viewing, please contact us at (209) 672-2067 or jgrover@tworld.com.

Don't miss out on this incredible opportunity to own a business with unlimited potential!


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Employees
25
Facilities
Facilities: Currently operating off of a large residential family owned property. 3 Buildings on the premises. Large open land for vehicle and equipment storage.
Financing
Owner Financing Amount: $1,300,000.00
Support & Training
Training Support Included.
Reason for Selling
Retiring
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Jay
Grover
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Jay Grover