Profitable Roofing Contractor Seeking New Owner Operator

King County, WA

Seller Financing Available
Profitable Roofing Contractor Seeking New Owner Operator
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Asking Price: $350,000

Cash Flow: $252,906

Gross Revenue: $859,469

EBITDA: N/A

FF&E: $60,000

Inventory: N/A

Rent: $1,700 /Month

Established: N/A

Profitable Roofing Contractor Seeking New Owner Operator

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Business Description

Strong Income! Seeking new owner operator.

Don’t miss out on this PROFITABLE 5 star roofing contracting business with strong growth and great reputation. This South King County roofing contractor runs almost entirely off referral business, and the owner is ready to retire. Priced competitively for a quicker sale, in recent years seller discretionary earnings has been in the $200k to $250k range. Great opportunity for a new owner operator, or strategic acquisition by a larger competitor.

Mostly focused on commercial projects they also serve the residential market in a limited fashion. Room for growth, solid foundation and great profit, contact us today for more information and to explore if this is a good fit as your next business.

Detailed Information

Location:
King County, WA
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Current owner operates this business hands on. Ideal buyer will be owner operator, or competitor looking to add staff and referral business under a separate brand. Owners wife does minimal work in the business running the books and minor admin work. Her salary was not added back to seller discretionary earnings, leaving a budget to replace her work with an accounting firm and admin position.
Growth & Expansion:
Hiring additional crew to increase volume Paid advertising Residential expansion
Financing:
165000.00
Support & Training:
4 weeks
Reason for Selling:
retiring
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Kevin Moen

Business Listed By:
Kevin Moen

Transworld Business Advisors Renton

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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