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Business For Sale
ROOFING COMPANY,SPECIALIZED RESIDENTIAL COMMERCIAL
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Asking Price: |
$475,000
USD USA Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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retirement |
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Year Established:
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1992 |
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# of Employees:
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5 |
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Yearly Revenues:
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$1,012,900 |
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Yearly Cash Flow:
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$275,000 |
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Yearly Net Profit:
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$211,600 |
Business for Sale Overview:
Well established 16 plus year specialty roofing company located in Lake Havasu CIty, Arizona. Owner is ready to retire and wants this business sold.
Company specializes in light-weight steel tile products for residential and commercial use as well as polyurethane foam for flat roof applications.
Seasoned installation crews to handle all work-load. Specialty roof
products sell at much higher retail price with greater mark-up and profit.
Seller is offering a carry-back Note of approximately one-half of asking sales price.
Property Features and Assets:
Business occupies a generous 2,000 square feet space at $1,400 total monthly lease with ample room to expand offices and room to work in warehouse with expanded yard space for vehicles. There are two fully-equipped trucks for the flat roof urethane foam applications as well as two other trucks and trailers that are included in business. Business requires a K-42 license to operate. Seller will offer his license for a limited period of time while new owner qualifies for new license.
Market Competition and Expansion:
This specialty roofing company is the Only company in Mohave
County selling lightweight steel tile roofs for residential and
commercial application. Mohave County was listed as the fasted
growing County in Arizona for 2006 and 2007. Even in this down
economy, Seller has kept top-line revenues growing year-over-year.
Cash flow is excellent when compared as a multiple to the asking
price. Seller is Very motivated and will stay on as "commission-only"
sales rep for new owner for up to one year for new owner. People
Always need new roofs no matter what type of economy.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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