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- RE: Reoccurring Clients For Commercial Roof Maintenanc
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $6,000,000 | |
| Annual Revenue: | $14,718,399 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,389,162 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 51 | |
| BBN Listing #: | 997127 | |
| Broker Reference #: | CBI024-D |
Business Overview:
This commercial roofing business has a loyal repeat client base consisting of hospitals, pharmaceutical laboratories, military, universities, private schools, government (schools, town halls, police, fire), government agencies, and there is no storm chasing. Their well-developed team of 50+ is made up of 1 Controller, 1 HR Manager, 1 Superintendent, 2 Project Managers, 3 Estimators, 1 Accounting Assistant, and 42 Laborers. There is a solar business entity that is non-union and works with business owners throughout Connecticut. With the purchase of this company, a buyer would receive $2.2M in assets, with nearly $1M in Working Capital. The owner is willing to carry up to 10-15% of the price and has offered to stay on board for 1 year, showing a vested interest in the ongoing success of the company. The owner coordinates with the Controller & Superintendent, along with overseeing banking. He is confident that the Controller & Superintendent are qualified and capable of operating the company. Priced at $6,000,000, this company is poised for a seamless transition. The business operates out of a 16,000 sq. ft. facility with 4,000 sq. ft. of office space. Currently there is no marketing or outside sales taking place, and there is a lot of untapped potential on the solar side of the business, which will greatly improve revenues and profit margins. Most of their projects are completed in less than one year, services are varied including, covering membrane roofing, metal roofing, sheet metal, and solar installation and repairs.
Contact the Seller:
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Property Features and Assets:
Assets*: $2,258,565
Market Competition and Expansion:
Growth Opportunities: Focus on cross selling the private solar side
Reason for Selling:
Retirement. Kindly ask the seller for more information.
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
Documents:
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