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- RE: Prominent Full-Service Roofing Business
- Contact: Art Warsoff
Quick Facts
Asking Price: | $1,649,000 | |
Annual Revenue: | $3,631,358 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $607,267 | |
Total Debt: | Not Disclosed | |
FF&E: | $295,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 16 | |
BBN Listing #: | 940517 | |
Broker Reference #: | 15541-652451 |
Business Overview:
This prominent roofing business has over 40 years of experience in performing all types of roof installations, replacements, and repairs. Single family residences, as well as commercial and flat roof projects and siding and gutters can be handled. Several salespeople, multiple crews of experienced roofers, and knowledgeable office staff support make this an excellent turnkey opportunity for someone with a roofing or general contractor license.
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Property Features and Assets:
Monthly Rent: $7,725.00
Square Units (Foot, Meter): 5,000
Terms Options: multiple locations
Market Competition and Expansion:
Competition: The roofing industry is highly competitive with many new operators trying to compete with well-established businesses like this one. What sets this business apart is the large base of satisfied customers and the ability to handle all types of roofing jobs.
Expansion: This business has relied on referrals from past customers and some tv advertising. Since most residential roofs have a life expectancy of about 25 years, repeat customers have become an increasingly important segment of the business. A recent focus on commercial and high margin jobs has led to a significant improvement in sales and profitability. The business does not solicit business using door-to-door sales, but this could be an opportunity for growing the residential business. The current management team feels that there are opportunities to do more on-line marketing.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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