Residential Roofing - very high profit margins

Not Disclosed, FL
Martin County


Asking Price: Annual Revenue:
$3,500,000 $5,142,834

Services: Construction, Contractors


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RE: Residential Roofing - very high profit margins Broker: James Knox

Quick Facts

Asking Price: $3,500,000
Annual Revenue: $5,142,834
Net Profit: Not Disclosed
Cash Flow: $1,393,050
Total Debt: Not Disclosed
FF&E: $587,202
Real Estate: Not Disclosed
Year Established: 2008
Employees: 19
BBN Listing #: 3932630
Broker Reference #: 6401872475

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Business Overview:

Reputable roofing company offers full spectrum residential re-roofing consisting of approximately 85% metal roofing, 10% Asphalt Shingle roofing and 5 % Tile roofing. Profit margins are 10% above industry norms. Clients are individual homeowners currently which produces greater profit margins. The potential growth of this Florida market is strong. New business comes from marketing, referrals, & lead generation platforms. A buyer could grow the business by simply expanding sales team and adding to the bought leads budget. Seller performs functions such as Payroll and Financial Oversight. A buyer with reasonable skills and little direct knowledge of the industry could run the business well, as it is currently running seamlessly without owner input. However, without the technical hands-on knowledge a reasonable buyer could have a full understanding of the industry in a reasonable short amount of time. Please refer to listing number 6401872475, business broker James Knox 561-329-0384 when inquiring about this listing.

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Property Features and Assets:

Type of Location Free-Standing Facilities Monthly Rent $2,450.00 Square Units (Foot, Meter) 2,000 Lease Expiration Date March 31, 2026, 12:00:00 AM.

Market Competition and Expansion:

Miles Seller Not to Compete Within 10 Number of Years Seller Not to Compete For 2

Reason for Selling:

Retiring

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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