Business Overview:
This Company is a premier roofing contractor serving large and small commercial customers in the Central Pennsylvania and Northern Maryland markets, including Baltimore. This Non-Union Company handles all commercial contracts for roofing and sheetmetal. The management team of The Company is led by owner, founder, and CEO/COO, and the President. This management team has numerous years of combined experience.
The management team’s experience and continuity of business operations has set a solid foundation for The Company, which is poised for future growth. In addition to the management team, The Company employs twenty to thirty roofers and sheetmetal workers.
The Company has earned a reputation for professionalism, workmanship, competitive pricing, quality, and safety. Per management, The Company has never had a bonding issue or claim. Their impeccable safety record saves The Company thousands of dollars each year.
Throughout all of their commercial projects, The Company keeps the customer well-informed and works efficiently and honestly to resolve any issues that may arise. The culture of The Company is that each employee demonstrates genuine care for customers and a desire to serve them well. The end result is a high-quality commercial product for the client.
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Property Features and Assets:
The location is easily accessible to State College, Baltimore and central Pennsylvania. The Company pays 60% of the total lease, including taxes and costs to the property owner. Another company pays 40% of the total lease, including taxes and expenses such as utilities and maintenance. The property is not included in the sale of The Company but could be purchased separately. The Company has a sheetmetal shop, superintendent office, and restroom in one wing (40’ x 45’), and in another wing (24’ x 60’), there are 5 offices and a second restroom. There are several other storage buildings totaling 3,000 sq. ft. on the property. A recently constructed large warehouse (approximately 8,500 sq. ft.), including a partial second floor, houses an explosion proof heated storage room for adhesives that must be stored at a controlled temperature to prevent freezing.
Assets = $908,647
Market Competition and Expansion:
There are approximately 8-10 commercial roofing competitors in the geographical area of the business. However, The Company’s exemplary reputation distinguishes them from other companies. The Company is careful to maintain ongoing relationships with its clients, while pursuing new opportunities within the market it serves. Its leadership has a vision for carrying on the tradition of excellence which has been one of its hallmarks from the beginning. General Contractors who have so many elements to oversee, hire The Company because they are a proven, reliable commercial roofing contractor who has a history of doing quality work quickly and correctly the first time. The Company is a trusted contractor who understands construction beyond their individual expertise in roofing. As a result, they stand out as an exceptional contractor who helps the overall project run more smoothly. The leadership exercises strong, proactive, and clear communication by providing information in a timely manner and cooperatively working alongside other contractors to eliminate potential issues and successfully complete complex projects. The Company has a thorough understanding of the inter-trade workflow within the commercial construction industry and is an asset to any general contractor seeking to mitigate costly scheduling conflicts. As a professional roofing contractor, they make it a priority to be on-site when the general contractor sends notification.
The Company has a Service and Maintenance Manager and offers roof inspections, which include written reports, showing defects with recommendations to extend the life of an existing roof (annual or biannual). They contact clients at the time of inspections to suggest and complete any minor repairs from the roof, such as open flashings, cuts, punctures, and holes. Upon completion of inspections, The Company prepares a detailed written report with pictures and explanations of each deficiency found within the roof system, along with recommendations to prolong the life of the current roof. The Company has recently doubled and expect to triple the amount of service work. In addition, they are strategically increasing their mark-up percentage to increase net profit.
Reason for Selling:
Two of the owners would like to retire
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.
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