Seller Financing Available
Established Roofing Company In South Florida! Over $1.2 mil backlog
Owner Takes Every Offer Seriously!
Palm Beach County, FL
Willing to negotiate as long as the offer is reasonable!! Owner needs to relocate ASAP for family reasons. THIS LISTING WILL BE UPDATED MONTHLY BY THE OWNER.
ALL NUMBERS BELOW ARE VERIFIABLE WITH BANK STATEMENTS!!!!
Additional income can be proven on top of the bank statements!!!!!
September 2014 had deposits of $45,613.94 and ADD BACKS total $3,216.83 with expenses of $43,749.24 September's CASH FLOW was $5,081.53. There is an additional $55,200 of income for September 2014 that can be verified.
October 2014 had deposits of $54,126.90 and ADD BACKS of $13,755.71 with expenses of $37,687.39. October's CASH FLOW was $30,195.22. Additional income can be verified.
November 2014 deposits were $51,499.78 with ADD BACKS totaling $18,318.76 and expenses of $46,981.71 for a CASH FLOW in November of $22,836.83. Additional income can be verified.
December 2014 deposits were $30,047.71 with ADD BACKS totaling $29,632.85...of the ADD BACKS, $15,000 was the owner paying himself. December 2014's expenses were $43,909.16 (that number includes the $15,000 to the owner) which gives December a total CASH FLOW of $15,771.40 and we took off 2 weeks for the holidays.
January 2015 deposits were $39,039.00 with ADD BACKS adding another $18.475.48 and expenses totaling $24,902.35. That leaves January with a CASH FLOW of $32,612.13. Additional income can be verified.
February 2015 deposits were $13,500.00 with ADD BACKS adding another $19,299.78 and expenses totaling $30,587.56. That leaves January with a CASH FLOW of $2,212.22 Additional $16,950.00 can be verified.
March 2015 deposits are already $18,650.00 with ADD BACKS adding another $8,593.31 and expenses totaling $13,009.26. That leaves January with a CASH FLOW of $14,234.05. Additional income can be verified.
The rainy season isn't even here yet.
This roofing company has been established for 15 years in South Florida. This is a great opportunity for an existing roofing company to add quick cash flow or for someone that has a roofing license and wants to make money quickly. Year after year, this business is at the top of its game.
The sale includes all necessary tools and equipment to continue highly profitable roofing work (All in good working condition), a 2002 Chevy work van with company logo, 1996 GMC pick-up truck with company logo, and a 2014 Toyota Tundra SR5. The crew has been together for 8 years and is always on time and has no issues with drugs or alcohol. Having the same crew for 8 years is COMPLETELY unheard of in this industry. All work, for the past 7 years has ONLY been booked via word-of-mouth and the business stays SLAMMED.
As of 3-19-15, we have over $1.2 mil backlog and another $800K in proposals that we expect to get confirmation on in the next month or two. All of this is done WITHOUT ADVERTISING!!
With very little advertising, it could be taken to a new level. Especially, if the commercial market is tapped into, which is quite an easy feat to accomplish. We get about 2 commercial offers per month, but the current owner does not want to expand and take on the responsibility, as he has family issues to deal with. Currently, there are 5 W-2 employees with the company. With the projected earnings for this year, make your money back in less than 2 years. EXCELLENT return on investment.
Proof of funds and an NDA will be required before ANY additional information is released.