Contractor Roofing For Sale

OR

Seller Financing Available
Contractor Roofing For Sale

Asking Price:$120,000

Cash Flow:$106,177

Gross Revenue:$563,000

EBITDA:N/A

FF&E:$20,500

Inventory:$500*

Established:1984

*not included in asking price.

Contractor Roofing For Sale

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Business Description

This turnkey contractor roofing business has earned its excellent reputation in great Portland areas for its quality workmanship and honesty. It provides full range of roofing services, including new roof installation and existing roof replacement in various roofing systems such as composition shingle, cedar shingle, shake and metal roofing. Most of its roofing projects are for residential homes and small amount are for commercial buildings. This business has been growing at 18% annual growing rate in recent 2 years. In 2015, the gross income is $563k and owner cash flow is over $100k. The revenue could be doubled if the owner would add more crew members. Most of contractor roofing jobs are from stable business accounts and repeat home owner customers. After 30 years in the contractor roofing business, the owner is ready to retire and likes the business continued. This business could immediately bring in substantial revenue and profit to a small roofing company. For a large construction company, this business will help fast business expansion. Seller financing is available. The current owner is willing to work with new owner on part-time base as the new owner desires.

Detailed Information

Inventory:
Not included in asking price
Employees:
5 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A new owner could use home office, or rent an industrial or commercial space for office. (Home Based)
Competition:
Many contractor roofing businesses are in greater Portland areas, so competition does exist. However, opportunities for contractor roofing businesses are very promising, as large amount of housing projects are continuously emerging in the areas. This business has stable business accounts and repeat and new customers to keep it very busy. There is no competition pressure on this business.
Growth & Expansion:
Portland is one of the fastest growing cities in US. Large amount of residential and commercial houses are building and planning to build. There are a lot of growth opportunities for contractor roofing businesses. This business has been growing rapidly and has great potential to continue growing.
Financing:
$80k down/$40k for 12 mos. @ 4%. Seller financing is available.
Support & Training:
Will train for 6 weeks @ no cost. This is an owner operating business. Each employee has own role in the business. A supervisor takes charge of on-site roofing jobs sometimes. Construction licenses and insurance polices are needed in order to operate this contractor roofing business.
Reason for Selling:
The owner is ready to retire.
Home-Based:
This business is Home-Based

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Jenny Zhang

Business Listed By:
Jenny Zhang

Murphy Business & Financial Corporation

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