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- RE: Dallas Based Commercial Roofing: 80% Repeat Client
- Contact: Not Disclosed
Quick Facts
Asking Price: | $1,225,000 | |
Annual Revenue: | $1,335,938 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $367,229 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1988 | |
Employees: | 2 | |
BBN Listing #: | 954299 | |
Broker Reference #: | CBI046-A |
Business Overview:
This roofing company based in Dallas, Texas, specializes in various roofing services primarily for commercial clients with only 2% being residential customers. Within their commercial sector, approximately 80% of their work involves flat roofs or TPO (Thermoplastic Olefin) roofs, while the remaining 20% pertains to metal roofing. Their range of services include:Damage Assessment, Roof Replacement, and Roof Restoration. Their expertise covers: metal roofing, single-ply retrofit roofing, elastomeric roofing, flat and low-slope commercial and industrial roofing, and energy-efficient coating. The company does not maintain a physical office space; which keeps overhead low and contributes to the 27% profit margin. The operational team consists of a bookkeeper, a part-time office manager who assists with administrative tasks and three main crews dedicated to maintenance and installation tasks which are subcontracted. The seller plays an active role in day-to-day operations, as project management and labor coordination. Additionally, the company performsinspections which are critical for maintaining quality assurance across projects. The current owner is approaching 70 and is planning for retirement, which presents an opportunity for potential buyers who may wish to acquire an established business with a solid reputation and client base.To ensure a smooth transition for the new owner, the seller is willing to provide training for one year. Priced at $1,225,000 a 10% down payment of $122,500 can return $184,079 in the first year after debt payments! In summary, this business stands out as a robust entity within its market segment due to its specialized services tailored towards commercial clients. With an aging owner looking toward retirement and ample growth opportunities through enhanced sales efforts, this business presents an attractive proposition for prospective buyers interested in entering or expanding within the roofing industry.
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Market Competition and Expansion:
Growth Opportunities: Offer maintenance contracts.
Reason for Selling:
Aging owner with some health concernsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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