Interior Plastering Business, Greater Chicago, Illinois.

Featured on BusinessForSale.com . 7 viewed

Asking Price

$699,000

FOR SALE - ACTIVE

Detailed Information

Location

Chicago & Northwest Indiana, Illinois, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This established business specializes in traditional interior plastering, including veneer and Venetian plastering, exterior finish systems, and stone aggregates. With a history of nearly eight decades serving the Greater Chicago & Northwest Indiana regions, the company has opportunities for expansion into services like drywall, painting, caulking, and framing. The business has strong financials with gross sales of $1.2M in 2022 and projected revenues of $1,454,440 in 2023, along with discretionary earnings of $336,382. The company has a diverse customer base, enabling operational flexibility without impacting sales. It operates from a home-based office and a 2,500 square feet warehouse, which can be purchased separately or relocated. The team consists of seven skilled union employees and committed ownership, ensuring a smooth transition post-sale with existing manager roles intact. The business benefits from an active website, repeat customer referrals, and long-term contracts, and could further enhance market outreach through strategic marketing and aggressive

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