Specialty Plastering Contractor with Incredible Experience!

Seller Financing Available

Primed to further capture the industry, this business specializes in traditional interior plastering which includes veneer and Venetian plastering, plus exterior finish systems (EIFS), direct-apply finishes, wire lath/stuccos and stone aggregates. Servicing the Greater Chicago & Northwest Indiana regions for almost eight decades, expansion opportunities exist to include drywall, painting, caulking and framing services in-house instead of outsourcing. Holding receivables of $300K outside of the asking price, gross sales for 2022 were near $1.2M and 2023 revenues were $1,454,440 alongside discretionary earnings of $336,382. Boasting high ratings and strong ongoing reputations, the customer concentration is diversified, allowing flexibility to optimize operations without affecting sales traffic. Headquarters is run from a home-based office and a warehouse facility of 2,500 square feet that holds a tenancy of $2,500 per month and is available for purchase separate from the business or can be relocated to new premises. A skilled team of seven union employees with involved ownership is likely to stay post-sale and continue streamlined processes after a smooth transitioning of three to nine months with kept manager roles throughout. Besides an active website and verbal referrals from a repeat customer base with long-term contracts, a strategic marketing program and aggressive advertising with online engagement can help maximize market outreach.