Sold
Roofing Contractor
Asking Price:$825,000
Cash Flow:$270,868
Gross Revenue:$1,923,693
FF&E:$225,000
Inventory:$40,000
Real Estate: $375,000 (included in the asking price)
Business Description
PRICE REDUCTION
This company and the surrounding area are busting at the seams. The business has a long history of success and profitability and is known for its unsurpassed quality.
Roofing contractors weather economic downturns well since properties need regular maintenance and repairs.
Business features:
• Consistent, recurring revenue streams
• Loyal, repeat customer base
• Niche business with lower competition
• Well-trained and highly capable employees
• Owner will transition over a longer period to help ensure your success
• Established nearly 20 years ago
• Top-rated and known for consistent quality year after year
The total investment can also include an appreciating asset (real estate) with the sale of the business or one can rent the existing facility at very favorable release terms.
They have more work than they can handle serving Colorado's beautiful Western slope and has been SBA pre-approved and is setting record sales and profitability numbers!
The Seller is willing to stick around for some time to help ensure a new buyer's success.
The company provides roofing and re-roofing services, and has long-term recurring revenue relationships with residential customers, contractors, management companies, builders, HOAs, and municipalities. They are known for creating finely crafted roof systems and have an outstanding reputation in the area.
As individuals and companies continue to move to our business-friendly state, it is expected that the market will continue to need new construction services for some time in addition to the increasing and regular maintenance the company provides its loyal customer base.
The company also fabricates flashing packages with the quality equipment they have in their fabrication shop.
The equipment list includes a JCB 510-56 Telescopic Handler.
The business is now priced at only $450,000 and the real property is shall be priced at the current fair market value which is estimated at approximately $400,000 or can be leased. This is a steal at 1.6 times earnings!
Roofing contractors weather economic downturns well since properties need regular maintenance and repairs.
Business features:
• Consistent, recurring revenue streams
• Loyal, repeat customer base
• Niche business with lower competition
• Well-trained and highly capable employees
• Owner will transition over a longer period to help ensure your success
• Established nearly 20 years ago
• Top-rated and known for consistent quality year after year
The total investment can also include an appreciating asset (real estate) with the sale of the business or one can rent the existing facility at very favorable release terms.
They have more work than they can handle serving Colorado's beautiful Western slope and has been SBA pre-approved and is setting record sales and profitability numbers!
The Seller is willing to stick around for some time to help ensure a new buyer's success.
The company provides roofing and re-roofing services, and has long-term recurring revenue relationships with residential customers, contractors, management companies, builders, HOAs, and municipalities. They are known for creating finely crafted roof systems and have an outstanding reputation in the area.
As individuals and companies continue to move to our business-friendly state, it is expected that the market will continue to need new construction services for some time in addition to the increasing and regular maintenance the company provides its loyal customer base.
The company also fabricates flashing packages with the quality equipment they have in their fabrication shop.
The equipment list includes a JCB 510-56 Telescopic Handler.
The business is now priced at only $450,000 and the real property is shall be priced at the current fair market value which is estimated at approximately $400,000 or can be leased. This is a steal at 1.6 times earnings!
Detailed Information
- Location:
- Gunnison County, CO
- Inventory:
- Included in the asking price
- Real Estate:
- Owned
- Not included in the asking price
- Furniture, Fixtures, & Equipment (FF&E):
- Included in the asking price
- Facilities:
- The business has everything needed to roof efficiently including a 14-gauge shear and a 14-gauge finger brake (both 10' hydraulic). They also have a slitter and 10' hand brake, as well as all the other tools that roofers need. They keep up to date on all the new products and systems in the industry. They also have a new plotter for the office for printing plans as well.
- Financing:
- Seller to support lending institution requirements for qualified purchaser
- Support & Training:
- The Buyer is willing to stick around for some time to provide proper training and an orderly turnover to help ensure a smooth transition.
- Reason for Selling:
- Other business pursuits
Listed By: Wayne Wright
Finance
Sales:
Undisclosed
Profits:
Undisclosed
Profit type:
Undisclosed
Price and terms
Price:
$825,000