You want to sell your plastering business? Then it is good to know what the takeover market in the field of plastering companies looks like. Improving working conditions and chain cooperation can make the position of the plastering company a lot more attractive.
It is important for plastering companies to start looking into better working conditions for employees, so that they are not eliminated after 20 years. In doing so, it is recommended for finishing companies to enter into cooperation. This allows a total concept to be offered.
There are many ways to value a business. A common method of expressing the value of a business is "a factor x gross annual profit." This factor is also called multiple and another designation for gross annual profit is EBITDA (Earnings Before Interest Taxes Depreciation and Amortization).
In the construction and installation technology sector, which includes a plastering company, an indicative EBITDA multiple range of 3.7 to 4.7 is currently used, according to the Brookz Takeover Barometer. The average EBITDA multiple across all SME sectors is 4.90.
The valuation of a business is often the starting point for negotiations between buyer and seller. The outcome of these negotiations is the final sales price. So valuation and price are two different quantities. Besides valuation, the price is also determined by possible scarcity in the market, bargaining power of the parties, the strategic value of the business for the buyer and possible synergy effects for the buyer (cost savings, purchasing advantages).
Do the calculation
Do you want to buy a business or sell a business in the Construction & Installation Technology sector? With this Brookz Sector Monitor, we want to present buyers and sellers with facts, figures and a look ahead that provide insight into the number of transactions, the value development of businesses and the latest trends and developments in Construction & Installation Technology. Because in any buying or selling process, thorough preparation provides peace of mind, overview and structure.
Download report
There is a complete contraction in the construction industry, partly due to nitrogen measures. Plastering companies are in the finishing business and are less affected by these influences. In fact, plasterers have their hands full with all the home improvement companies that want to give their homes a facelift.
In figures, the number of plastering companies in 2024 looked as follows(CBS):
With this online training from Brookz you are optimally prepared to largely sell your business yourself: 25 Powerpoint videos, a comprehensive valuation report, legal model contracts, handy templates, checklists and expert support. Plus 50% discount on listing your business on Brookz!
To Brookz Academy
A number of trends and developments will inevitably cause changes over the next few years, but also offer plastering companies many growth and acquisition opportunities:
Like other skilled trades, there is a shortage of good plasterers who understand the trade. Many workers are retiring, so the aging workforce is causing problems. The recruitment of younger craftsmen who want to be employed is dwindling, as more and more self-employed workers are being spotted in the industry. According to CoBouw, this is definitely a concern for the industry.
Plastering is body heavy work. Many plasterers drop out of the workforce early or are completely spent by the time they retire. CoBouw publishes regularly on this subject, because it is the order of the day. Solutions are being sought within the (finishing) construction industry to ease the workload.
Older homes tend to have energy labels that do not include A, B or C. By making existing housing construction more sustainable, the opportunities are there for the taking, according to the Dutch Entrepreneurs Association for Finishers. For heating and insulation companies, as well as plasterers and painters, this offers future prospects.
