Seller's Contact Information
- RE: Recession-Resistant High-End Construction Services
- Contact: Wayne Wright
- License #: II.100075016
Quick Facts
Asking Price: | $450,000 | |
Annual Revenue: | $1,923,693 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $278,239 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $375,000 | |
Year Established: | 2002 | |
Employees: | 8 | |
BBN Listing #: | 490062687 | |
Broker Reference #: | 21914054-WW |
Business Overview:
You will earn over 300% return on your investment at this price, and 1/2 of the price you'll get in FF&E alone!
This company and the surrounding area are busting at the seams. The business has a long history of success and profitability and is known for its unsurpassed quality.
Roofing contractors weather economic downturns well since properties need regular maintenance and repairs.
Business features:
• Consistent, recurring revenue streams
• Loyal, diverse, repeat customer base
• Niche business with lower competition
• Well-trained and highly capable employee base
• Owner will transition over a longer period to help ensure your success
• Well-equipped business established over 20 years ago
• Top-rated and known for consistent quality year after year
The total investment can also include an appreciating asset (real estate) with the sale of the business or one can rent the existing facility at very favorable release terms.
They have more work than they can handle serving Colorado's beautiful Western slope and has been SBA pre-approved and is setting record sales and profitability numbers!
The Seller is willing to stick around for some time to help ensure a new buyer's success.
The company provides roofing and re-roofing services, and has long-term recurring revenue relationships with residential customers, contractors, management companies, builders, HOA’s, and municipalities. They are known for creating finely crafted roof systems and have an outstanding reputation in the area.
As individuals and companies continue to move to our business-friendly state, it is expected that the market will continue to need new construction services for some time in addition to the increasing and regular maintenance the company provides its loyal customer base.
The company also fabricates flashing packages with the quality equipment they have in their fabrication shop.
The equipment list includes a JCB 510-56 Telescopic Handler.
The business is now priced at only $450,000 and the real property is priced at $375,000 or can be leased. This is a steal at 1.6 times earnings!
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Property Features and Assets:
The business has everything needed to roof efficiently including a 14-gauge shear and a 14-gauge finger brake (both 10' hydraulic). They also have a slitter and 10' hand brake, as well as all the other tools that roofers need. They keep up to date on all the new products and systems in the industry. They also have a new plotter for the office for printing plans as well.
Market Competition and Expansion:
There is still a lot of room for this business to grow, and there is room on the property for a new structure as well. The property has been key, and most of their competitors rent or do not have space at all. There have always been wealthy people in the area, but not like there are today. The seller foresees the area continuing to grow and the business continuing to thrive. With the uptick in the market right now, many people are opting for standing seam roofs, and the business does not currently have a roll former for manufacturing those panels. It may also be beneficial to invest in a foundation waterproofing machine with all the new construction going on in the area and to create other synergistic opportunities. Seasonality The business does not perform hail work, so it is not dependent upon it like roofers in the Denver Metro area. They stay busy year-round performing a variety of services from roofing, and re-roofing, to snow removal from rooftops to ice dam mitigation. They do not have an off-season.
Reason for Selling:
Other business pursuit
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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