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NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/christian-zarama/15min
Annual Figures (2024):
• Gross Revenue: $1,912,292
• Net Income: $276,000
Expenses:
• Rent: $3,000/month
• Payroll/Subcontractor Expenses: $563,654
• Total Utilities: $4,001
• Total Insurance: $96,619
• Repairs & Maintenance: $7,022
• Advertising: $18,702
• COGS: $845,802
Business Highlights
• Established Brand: Founded in 1991 with an exceptional reputation in Tampa Bay; widely recognized name with long-standing customer loyalty.
• High-Value Client Base: ~85% of revenue from HOA and property management companies, ensuring repeat and recurring business.
• Specialized Services: Focused exclusively on reroofing, repair, and maintenance — no new construction, no storm chasing
• Proven Track Record: Multiple six-figure HOA projects executed annually.
• Recurring Revenue: $250K–$300K annually from HOA-driven maintenance work; 12+ service requests daily, even during dry seasons.
• Growth Potential: Capacity to scale to $8M–$10M revenue with additional crews, adding sales staff, and enhanced marketing.
• Experienced Team: Skilled staff including two production supervisors and a maintenance supervisor, with tenures up to 7+ years.
• Ownership: Family-owned and operated; founder-owner still active in day-to-day oversight
• Facility: 2,700 sq. ft. standalone office on ~1 acre lot with covered outdoor storage and 1,000 sq. ft. indoor storage; $3,000/month with inventory and fleet storage
• Reroofing & Repairs: Shingle, tile, metal, and TPO roofing systems
• HOA & Property Management Contracts: Long-term repeat business with leading well-known property management firms.
• Commercial Projects: Multi-tenant complexes, retail centers, and community associations
• Maintenance Division: Generates consistent daily work requests, averaging 12+ maintenance service calls even in dry periods
• Assets & Equipments:
? Fleet: 3 diesel trucks (2500/3500 class)
? Trailers: 3 dump trailers (two 7x14 and one 16x8 gooseneck with hydraulics), plus 1 utility trailer
? Tools & Equipment: Multiple TPO heat weld guns, generators, ladders, and specialty roofing tools
? Inventory: ~$50K–$60K in roofing materials maintained in stock (metal, shingles, plywood, peel & stick, adhesives, and caulking kept in stock.)
? Facilities: Leased office with space for material staging; expansion potential if property purchased (e.g., add metal fabrication shop)
• Annual Volume: ~15–20 projects over $50K; 8–9 HOA/commercial projects at $300K–$400K each.
• Average Project Size: $50K–$100K; some as large as $300K–$400K.
? Mid-Sized HOA/Commercial Jobs: $300K–$400K per project; 8–9 completed annually
? Luxury Residential: Tile/metal roofing on high-end homes, often $150K+ per project
? Recurring Maintenance: $250K–$300K annually from HOA/property management work orders; 12+ daily service requests even in dry periods
• Reputation: Over 30 years in business with unmatched brand equity in Tampa Bay. Loyal, recurring customer base with HOAs and property managers
• Reason for Sale: Owner health and retirement
• Transition Support: Owner open to remaining ~3 months to ensure smooth handoff of relationships and operations
• SBA Financing Available
• Non-Compete: Willing to sign; no plans to re-enter roofing
Growth Opportunities:
• Marketing Investment: Launch SEO, Google Ads, and referral campaigns (currently no marketing spend)
• Geographic Expansion: Extend HOA/commercial relationships into nearby counties
• Maintenance Contracts: Build recurring revenue through formalized service agreements
License #SL3587465 Broker Name: Steinberg RE Holdings, Inc. License Number: #BK3614108
Ad#:2407602
