Business Overview:
The business was established in 1972 (39 Years in Business)and serves both Commercial and Residential clients in Columbus and Central Ohio. They provide exceptional roofing and exterior services, including new products and installation as well as expert repair and replacement services in all core disciplines. The company offers broad expertise in roofing, custom sheet metal, and other exterior products such as Gutters & Downspouts, Siding & Windows and services affording a host of options in every category to best serve the clients needs and budgets. The Company is a GAF Certified Contractor and Certainteed Five Star Contractor their workmanship is supported by the most exclusive, industry-leading warranties for products and labor in both commercial and residential roofing categories. The Core business is 90% Commercial bidding jobs through schools, hospitals, and large private businesses with the balance 10% being Residential. Unlike many of its competitors this company Does Not sub-contract their work. They have a staff of 12 long term Skilled employees which are supplemented with seasonal laborers based on job needs. The company is strongly positioned in the Central Ohio market. The sale offers both the Business
and Real Estate (Valued at $699,900) and includes Trade and Heavy Equipment (Equipment valued over $465,525 Trucks, Dump Trucks, Semi-Tractor, Kettles, Cement Mixer, Backhoe, Two Basket Mack Crane, and various Tools of the Trade and Supplies).
The company results for Year Ended December 2011 as reported on their December financial statements: Revenue $1,983,490 with a Net Cash Flow of $222,405. Through January 24, 2012 the company has been awarded and contracted jobs totaling $532,695 to be completed in 2012. Additionally they have been identified as the company of choice on $95,000 in Public Sector jobs which are yet to be awarded.
Strong established business with a great reputation and history of success. Great opportunity for a Regional Roofer looking to expand into the Columbus market. Or for an entrepreneur wanting an established company with strong roots and presence in the market. Confidential Sale please email or call.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Seller Owned Industrial Property consisting of Two Commercial Parcels totaling 5.176 acres containing 34,270 square feet of Gross Building Area. The primary building was built in 1954 and features 16,456 square feet which houses the business office, Sheet Metal Shop, Repair Shop, and Garage for the Roofing business. The secondary building built in 1952 features 17,814 square feet consisting of office and warehouse space. Extensive rehab was conducted on both buildings in 1994 and 1995, including new roofing, HVAC and interior upgrades.
Market Competition and Expansion:
Multiple product lines have recently been added to generate revenue each line has not yet reached its maturity.
Reason for Selling:
Owner Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.