Seller's Contact Information
- RE: Commercial Roofing Contractor In Central Virginia
- Contact: Gavin Raphael
Quick Facts
Asking Price: | $2,000,000 | |
Annual Revenue: | $3,800,000 | |
Net Profit: | $600,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $400,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 80148609 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Light & Raphael is pleased to offer for sale a commercial roofing contractor located in Central Virginia. The company employs a dedicated, experienced workforce. The company focuses almost exclusively on commercial roofing jobs, both installations and repairs. Revenues have been growing in recent years. While jobs may range in size from $5,000 to $250,000 the average job size is roughly $150,000.
The firm does no advertising or marketing, has no website and has no social media presence. It has prospered and thrived entirely on referrals from General Contractors and Developers. Primary types of commercial property work include: retail shopping centers, churches, hotels, car dealerships and local Government. Types of roofs include: TPO Single-Ply, EPDM (Rubber), PVC, metal roofing, shingles and slate.
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Property Features and Assets:
Business operates from owners home.
Market Competition and Expansion:
The market size, measured by revenue, of the roofing industry is expected to reach $47.1bn in 2020. The market size of the roofing industry in the US has grown 2.7% per year on average between 2015 and 2020. The roofing market includes various types of roofing such as asphalt roofing, metal roofing, tile roofing, and others. The North America roofing industry experiences growth owing to various factors such as rise in construction industry, rapid urbanization, and technological innovations, which drive the growth of the market. Furthermore, rise in standard of living of people boosts the demand for re-roofing construction projects.
Reason for Selling:
Owner wishes to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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