The Company is a residential and commercial drywall subcontractor that installs interior and exterior metal framing, drywall, lath and plaster and acoustical ceilings in tenant improvement and new construction projects.
The business operates out of multiple industrial park California locations totaling more than 30,000 square feet.
Continued growth would result from the addition of strong sales and marketing teams leveraging the strong brand name, as well as the integration of advanced project management systems.
Operators in the industry are mostly small businesses that employ five or fewer employees with the 4 largest companies accounting for less than 10% of the industry's total revenue who typically concentrate on the remodeling market due to the lower capital requirements of that segment. Larger operators have an advantage over the smaller ones because they have broader portfolios that offer ancillary complimentary services to offset revenue fluctuations often experienced by smaller companies. Therefore, larger contractors generally focus on new residential buildings and larger commercial projects.
The owner is looking for a strategic buyer with the necessary resources to further grow the company.
A broad range of construction services are provided to private and public companies, agencies and government organizations, including new construction and tenant modernization and improvements. Projects include mid and high-rise residential construction, medical, and government facilities, many of which much adhere to strict state and federal green building regulations.