Experienced Specialty Plasters Contractor

Chicago, IL (Cook County)
Asking Price: $675,000
Business For Sale Details
Listed on Mar 1, 2024

Primed for further growth! This Special Trade Contractor provides interior and exterior plastering services for Commercial (85%) and Residential (15%) Clients.
Finishes include veneer, Venetian, exterior finish systems (EIFS), direct-apply finishes, wire lath/stuccos and stone aggregates.
Established Eight Decades!
In 2024 Revenues were $1,248,209. 2025 Projects growth with May YTD Financials showing $630,000 with $95,000 net income!
Expansion opportunities exist to include drywall, painting, caulking and framing services in-house instead of outsourcing.
Seven skilled union employees and involved ownership are likely to stay post-sale and continue streamlined processes. Owner available for a a smooth transitioning of three to nine months.
Home-based office with a leased warehouse of 2,500 SF. Available for purchase separate or relocation relocated to new premises.
Boasting strong reputation, the customer concentration is diversified, allowing flexibility to optimize operations without affecting sales traffic.
Listing includes Equipment of $59,133. Current Receivables valued at $300,000 and Property range of $225K - $250K can be purchased separately.

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Financials (USD)

Asking Price $675,000

Cash Flow Not Disclosed

Sales $1,248,209

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Yes

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? Yes

Real Estate? No

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