Commercial and Residential Drywall Co.

Sale Pending

Asking Price$1,950,000

Cash Flow
$614,000

EBITDA$614,000

Gross Revenue$4,600,000

InventoryNot Disclosed

FF&E$799,000
Included in asking price
Real EstateNot Disclosed

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Commercial and Residential Drywall Co.


Sale Pending

Asking Price$1,950,000

Cash Flow
$614,000

EBITDA$614,000

Gross Revenue$4,600,000

InventoryNot Disclosed

FF&E$799,000
Included in asking price
Real EstateNot Disclosed

Business Description
Established by seasoned professionals in the drywall trade, this mid-sized drywall and metal framing company has built a stellar reputation for quality, reliability, and flexibility. Serving both the residential and commercial sectors equally, the company generated $4.6 million in revenue last year with a net income of $614,000. With experienced leadership, strong customer retention, and untapped regional growth opportunities, this non-union company is well-positioned for expansion under new ownership.

Company & Opportunity Highlights:

$614K net income on $4.6M revenue.
Only operating at ~50% capacity.
Multiple repeat customers and regional relationships.
Proven ability to scale.
Excellent reputation for quality, speed, and reliability provides pricing power.
Full field and office team in place.
Large, underserved market with growing residential and commercial demand.

Current Backlog & Upcoming Contract Starts:
$4,000,000

Employees & Culture
Company currently operates with a strong core team, including a secretary, two estimators, and both founding owners in the office. Field operations include approximately 20 hangers, finishers, and framers, overseen by experienced foremen on both taping and hanging divisions.

Employee retention is high due to weekly pay, fair treatment, and a culture of appreciation. Field teams are empowered to solve problems directly with site superintendents, ensuring efficient job execution and minimal bottlenecks.

Company offers exclusively drywall services, including:
Commercial & Residential Drywall
Metal Stud Framing
Metal Soffits
Pre-rock, layout, and finish work
Specialization in apartment buildings and multi-family housing

Apartment developers, custom homebuilders, and regional contractors rely on the team for consistent, responsive service.

Revenue & Project Capacity
Leadership estimates current operational capacity is only at 50%, due to conservative scaling and a desire to simplify payroll and cash flow ahead of retirement. At its peak, the business employed over 100 workers across three apartment builds in multiple counties.

Projects range from small custom homes to large-scale, multi-million dollar developments. The largest recent project totaled $3.2 million.

The pipeline of current accepted proposals total approximately $4 million. This includes one $1.1M project, several $300K projects, and multiple homes and smaller contracts in negotiation.
About the Business
Years in Operation
27
Currently Relocatable
Yes
Facilities & Assets
The business operates out of a leased facility that has housed the company for over 12 years.
It includes:

3,000 sq. ft. of warehouse space: Used for storing equipment and materials.
Office space with 10 workstations: 5 currently in use.
Empty Space: Room for expansion without relocation.
The location has a stable landlord relationship and would be easy to retain under new ownership.
Market Outlook / Competition
Market is semi-competitive because nearly all other firms are too small to qualify for Company's commercial contracts, or they are so large that they only work on extremely large, prevailing wage construction projects.

Company is ideally sized to take advantage of small to medium-sized commercial development AND residential projects.
Opportunities for Growth
Growth Opportunities
There is vast room for strategic growth:

Existing leads and relationships are routinely turned down due to bandwidth.
Apartment and hotel developments continue to surge regionally.
Burned lots from the 2017 wildfires present custom build opportunities.
Planning departments in multiple cities show a robust pipeline of approved projects.
Second estimator recently hired, indicating readiness to scale.
The groundwork has been laid for new ownership to take the reigns for big growth with minimal ramp up.
About the Sale
Seller Motivation
One partner retiring - remaining partner wishes to work for new owner
Transition Support
Owners will provide full training and transition support for up to 60-days included in the price, with 30 of those days via phone or remote communication. If Buyer wishes to retain the one partner who wishes to stay on, then training and transition becomes somewhat irrelevant or years long.
Financing Options
Company pre-approved for SBA financing - limited Seller financing for qualified buyer
Listing Info
ID
2373767
Listing Views
792

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Business Listed by: Greg DiCristina Chase Group Business Brokers, Inc

Listing ID: 2373767 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.