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- RE: Roofing Contractor Business In SW Idaho
- Contact: David Choate
Quick Facts
Asking Price: | $749,900 | |
Annual Revenue: | $1,447,605 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $296,233 | |
Total Debt: | Not Disclosed | |
FF&E: | $174,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 1987 | |
Employees: | 7 | |
BBN Listing #: | 934881 | |
Broker Reference #: | 8304-18066 |
Business Overview:
SELLER CARRY! Seller is willing to carry with $300,000 down OAC. This business is a very profitable roofing contractor concentrated in residential roofing. Most of their work is with metal roofs with approximately 35% of jobs are shingle roofs. They do very little flat roofs but do have the equipment making this an avenue for increased revenue.
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Property Features and Assets:
Business requires very little inventory. Seller currently owns an open yard in Ontario Oregon with a small storage building. Seller would be willing to rent facility or Buyer could utilize their own.Assets = $179,500
Market Competition and Expansion:
There are a couple of competitors that service the same area, but none with the long track record and stellar reputation of this business. Business has been around since 1987 and Seller has been in the business for 46 years.Business has been successful with very little modern marketing methods. A buyer could utilize internet sales programs and probably increase business dramatically. Seller has been content with the amount of business he currently has but says revenue could be increase by expanding sales area and taking more jobs requiring flat roofs.
Reason for Selling:
Seller would like to retire.
Additional 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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