OVERVIEW
Established for over 25 years, this commercial drywall and painting contractor serves a 60–70-mile radius across North Dakota and Minnesota, specializing in high-end residential, commercial, and local military projects. While the company previously generated $5–7M by taking on projects across multiple states, the owner intentionally scaled back operations for health reasons. By offering both drywall and full-service painting, the business simplifies job scheduling for regional builders while maintaining steady revenue across two essential construction trades.
Competitive Edge
Operations rely on a core team of two key employees paired with a trusted network of over 100 local subcontractors, giving a new owner the manpower to double revenue and bid on more jobs immediately. The business has built strong relationships with area general contractors and project managers to keep work coming in consistently. Fixed expenses stay low thanks to $370,000 in mobile field equipment, utility trailers, and a home-based office setup.
Growth & Future
The business is projected to generate $1.78M in revenue in 2025 with $430K in owner earnings (Adjusted EBITDA), and is projected to reach $2.1M in 2026. A buyer can easily expand by bidding on numerous upcoming local projects or taking on work in neighboring states again. To ensure a smooth transition, the current owner is ready to introduce the buyer to key local contacts and share insights on upcoming projects so they can hit the ground running.
