37294-Residential & Commercial Roofing, Siding and Windows

TX (Relocatable)

Seller Financing Available
37294-Residential & Commercial Roofing, Siding and Windows
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Asking Price: Get Financing: $1,999,000

Cash Flow: $709,000

Gross Revenue: $2,582,000

EBITDA: $332,000

FF&E: $20,000

Inventory: $250,000

Lease Rate: N/A /SF

Established: 1977

37294-Residential & Commercial Roofing, Siding and Windows

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Business Description

One good hail storm in West Texas could lead to a quick return on your investment! This profitable roofing company specializes in quality residential and commercial roofing, windows, and siding. They only use quality products that have been tried and tested, products that are good for homes in West Texas. This business stands behind their work and provides their prospective customers with an extensive list of references along with free estimates and 5 year warranties. The state of Texas does not require licensing. They do have their licenses in place for the state of New Mexico. The name of their business and logo is trademark protected and they are a Owens Corning Pro Contractor. The company services a 90 mile radius of their business base and has been known to reach out a little farther. The brand is well known in the area due to their advertising through radio, television and YP, which they invest approximately $150,000 annually. They have a modern, easy to use website offering customers tips as well as describing the business and all they do and offer. This business for sale is a great opportunity to take a business that is already successful and build on that foundation to secure your future.

This residential, commercial re-roofing, siding and windows company has been in business nearly 40 years with the current owners. After years of hard work and loyal customers standing true throughout the years, the current owners are ready to retire. This wonderful business offers a new owner consistency in supplier, good sales volume, market growth and profitability. This business could be operated in a hands-on or absentee fashion giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Out of their total revenue, 95% comes from residential re-roofing, 3% from commercial re-roofing and 2% for siding and windows. This wonderful business is very visible in the local community and seen everywhere.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
6 Con
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
There are 6 independent contractors that have been with the company for many years. They will most likely stay after the transitioning. The two full-time owners are available for a reasonable transitioning period. Owner will stay for a short period to acclimate new owner to the area and business to make for a smooth transition.
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IAG Buyer Division

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