Business Overview:
This customer-service-focused, quality leader in the roofing business has built its brand / reputation over the past 14 years serving clients primarily in the greater Portland, Oregon metro area, including southwest Washington.
Approximately 70% of this business' work is residential and 30% is commercial, with jobs primarily being replacing existing roofs and repairing roof leaks. Customers include homeowners, general contractors, re modelers, property management companies, commercial building owners and non-profit organizations. In 2011 the company's largest client comprised less than 8% of total revenue. This level of revenue diversification gives this business a lower risk profile.
Due to its reputation for high quality standards this business has had a constant and steady source of leads. Documented, repeatable processes and systems which ensure consistency and quality, have allowed a high growth rate and highly satisfied clients (as evidenced by many testimonials).
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:
The facilities and equipment are in good repair. Amongst the equipment included in this business sale are a 2010 Toyota Tacoma Pick-Up, a 2008 Ford F150 King Ranch Crew unencumbered by debt and a 2010 Ford F-150 XLT( Excelerator ) which is leased (buyer will be expected to assume the lease payments). In addition, another truck was just acquired (details are pending) to enable greater crew efficiency.
Market Competition and Expansion:
While roofing contracting is a business with low barriers to entry, most roofing businesses struggle to survive. Part of this is due to the fact that many people who start roofing businesses may have worked as a roof installer, superintendent or foreman for another company before attempting to start their own company. Many such people may know how to install a roof, but they lack the systems, marketing, quality control, staff infrastructure and branding necessary for success. This business is turn key.
With top line growth from 2007 to the 12 months ending 3/31/12 of over 230% (a rough average annual growth rate of 54% through the recession), this business has continued to grow at a strong rate simply by doing the things it has done in the past. Additional growth opportunities include forming a maintenance and inspection division, capture more commercial flat roof work, pursue government agency re-roofing work, create an energy audit division or ramp up CertainTeed's Energen photovoltaic cell solar installations.
Reason for Selling:
Owner wants to pursue other life goals
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: