MergerPlace

31 Year Old Roofing Company

Florida


  • Asking Price: $5,100,000
  • Gross Income: $7,930,462
  • Cash Flow: $1,404,930
  • Real Estate: $500,000
  • Inventory: $250,000
  • FF&E: $160,000
  • Listing ID: #208915
  • Established: 1987
  • Employees: 48 FT / 4 PT

Business Description

31 year old established Florida roofer with an average growth rate of 28% per year. 60% Residential and 40% Commercial business. Key management in place to ensure continued success. The company focuses on the installation of metal roofs, shingles, concrete tile, TPO, EPDM, single-ply, modified bitumen, roof coatings along with re-roofing projects and repairs. Most trucks are 2017 or 2018 models.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Florida

Company Information

Year Established: 1987
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 48 FT / 4 PT

Financial Information

Asking Price: $5,100,000
Gross Revenue: $7,930,462
Cash Flow: $1,404,930
FF&E: $160,000
Inventory: $250,000
Real Estate: $500,000
Seller Financing Available: Yes

Property Information

Facilities:

6,000 square feet building with 3,000 square feet office space. Adjoining 3/4 acre is a fenced yard for storage and work vehicles. Exceptionally attractive building with relatively newer construction on a major road for great access.

Growth & expansion opportunities:

There are no reasons seller is aware of that with restrict future growth consistent with previous growth.

Competition:

The county is experiencing significant growth including both residential and commercial. There are only two other good sized roofers within the entire county.

Reason for selling:

Seller wishes to retire.

Support & Training:

Will train for 4 weeks @ no cost Licensing is an issue however one of the two partners is willing to stay on to assure the new owner for a successful transition of ownership.

Contact Business Seller

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Business Listed By:

Jim Dummire

Murphy Business Brokers