35 Yr Comm & Res Roofing W $2.2M Rev

Not Disclosed, CA Los Angeles County

Asking Price: $1,000,000

Annual Revenue: $2,212,781

Services: Construction, Contractors

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RE: 35 Yr Comm & Res Roofing W $2.2M Rev
Contact: Michael Preston
License #: 2075182

Quick Facts

	Asking Price:	$1,000,000
	Annual Revenue:	$2,212,781
	Net Profit:	Not Disclosed
	Cash Flow:	$450,373
	Total Debt:	Not Disclosed
	FF&E:	$167,065
	Real Estate:	Not Disclosed
	Year Established:	1986
	Employees:	10
	BBN Listing #:	943983
	Broker Reference #:	130-23133

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Business Overview:

Established in 1986, this Los Angeles roofing company initially targeted affluent neighborhoods, focusing on artisan quality roofing and exceptional customer service. Over the years, it has expanded its presence in both residential and commercial markets, amassing a loyal clientele with a referral-based business model. With revenues exceeding $2 million annually, the company operates primarily in Los Angeles County but also undertakes projects in Ventura, Riverside, and San Bernardino counties. Specializing in various roofing types, including TPO, PVC, shingles, tile, and custom metal, they cater to high-end residential projects in Pacific Palisades, Malibu, Brentwood, Beverly Hills, and Santa Monica, alongside commercial projects for property management companies and investors. During 2023, the company saw a balanced split of commercial and residential projects, and despite the COVID-19 pandemic, it remained fully operational, providing essential services. With a backlog of several months and consistent year-round demand, there is significant potential for growth, especially with an expanded staff and aggressive social media marketing strategy. The owner, now in his late seventies, aims to transition the company to someone that will continue to professionally serve its loyal client base.

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Property Features and Assets:

This business has a leased location of 2,091 square feet with a total monthly rental of $4,447.32. The seller is active in business with 8 FT / 1 PT / 1 IC employees. Hours of operation are 8am - 5pm, Mon - Fri. Included in asking price are $32,200 in inventory and $167,065 in equipment and fixtures.

The Business is lender pre-approved.

Reason for Selling:

Retirement

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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