Ler'rin Enterprises

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Ler'rin Enterprises Ler'rin Enterprises
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For further information on any of these Arizona Business Opportunities call (602) 953-2090, Fax inquiries to (602) 953-2390 or e-mail us at agents@lerrinent.com for the Business below.

Established: 1972
Stucco Drywall Co
Service Businesses 
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Financials
- Purchase Price: $2,500,000
- Cash Flow: $259,671/3 mos
- Down Payment: $2,500,000
- Total Sales: $3,960,747/3 mos


Summary Description
The company was established in 1972 and has maintained a dominant Valley presence every since. It has grown from a small family business to a leader in the finishing trades (stucco/drywall) market in the Phoenix Metro area. Employing up to 1800 pre 2007 boom and presently 250 with current market conditions. The financials above are for the first quarter of 2015. Anticipated revenue should be 18-20 million with a net of 5% to 7%. These numbers are up 30% from 2014 levels and are on pace to eclipse 2013 numbers. The market trend is positive and is projected to grow another 15% in 2016 from 2015 levels. The purchase price includes $1,500,000 in inventory.


Market Outlook
The company has positioned itself to take advantage of a much anticipated housing rebound. It has aligned itself with builders seeking "Partnerships" where both seek a win-win outcome. As a result, this has increased volume because of contract awards and cash flow essential to the company's sustained growth. The "Partnerships" extend to the material suppliers single-sourcing in most instances to optimize buying power and loyalty.


Contact Information
Contact Lerrin LaGrow at LER'RIN ENTERPRISES, 602-318-0660, or agents@lerrinent.com.



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