Commercial Roofing Company, serving Indiana

Central Indiana, IN

Asking Price: Annual Revenue:
$3,950,000 $7,140,000

Services: Construction, Contractors

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RE: Commercial Roofing Company, serving Indiana Broker: Dave Gorman
Owner Financing is Available!

Quick Facts

Asking Price: $3,950,000
Annual Revenue: $7,140,000
Net Profit: Not Disclosed
Cash Flow: $1,433,000
Total Debt: Not Disclosed
FF&E: $930,000
Real Estate: Not Disclosed
Year Established: 1969
Employees: Not Disclosed
BBN Listing #: 204838590
Broker Reference #: INDIAIN001-N1872

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Business Overview:

This Commercial Roofing Company is on track to generate over $7 million in commercial roofing deals in 2019. The company has focused on smaller markets where they provide excellent service at higher margins than nearby larger cities with greater competitive pricing pressures. They are a union commercial roofing & sheet metal fabrication contractor servicing education, healthcare, and manufacturing facilities throughout central and southern Indiana for many decades. The real estate is owned by the Seller. The facility is approximately 17,000 square feet on 3 acres of land. The Seller is willing to sell the real estate at fair market value or lease it for terms to be negotiated. The result is a well-run, profitable and growing roofing business that has been strategic in their growth, focusing on 100% commercial jobs, with an emphasis on excellent service and profitable sales. Revenue has grown from $4.5M in 2016 to over $7.1M in 2018. Part of this growth has been from the increase in Service-related projects. This has grown from $400k to $1.7M over the last 2 years. Margins on this part of the business has been consistently 20-25%. Current backlog as of October 1 is $7m. 2019 ESTIMATED Revenue is $8.1M! This is a great business, with excellent cash flow, ready for a new owner!

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Reason for Selling:

Seller has other, non-related business interests

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.

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