Established Plaster Specialist, $1M Sales, Illinois.
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Asking Price
$699,000
Detailed Information
Chicago & Northwest Indiana, Illinois, US
Not Provided
NA
Business Description
This business is a long-standing specialist in traditional interior plastering and exterior finish systems, serving the Greater Chicago and Northwest Indiana regions for nearly 80 years. They have the potential to expand by bringing additional services such as drywall, painting, caulking, and framing in-house rather than outsourcing. The company holds $300,000 in receivables separate from the asking price, with strong gross sales in recent years reaching over $1 million. With a solid reputation and diversified customer base, this business offers opportunities for operational optimization without compromising sales traffic. The headquarters consist of a home-based office and a warehouse facility available for separate purchase or relocation. The skilled team of seven union employees, along with involved ownership, is expected to remain post-sale and facilitate a smooth transition over several months, ensuring continuity in management roles. The business benefits from an active website, word-of-mouth referrals, long-term contracts, and the potential for enhanced market outreach through strategic marketing efforts. Overall, this established business specializing in plaster