Established Plaster Specialist, $1M Sales, Illinois.

Featured on BusinessForSale.com . 9 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 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

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