Profitable Roofing Business

Not Disclosed, CO
Douglas County


Asking Price: Annual Revenue:
$450,000 $1,250,000

Services: Construction, Contractors


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RE: Profitable Roofing Business Broker: Chris Gerard
Owner Financing is Available!

Quick Facts

Asking Price: $450,000
Annual Revenue: $1,250,000
Net Profit: $225,000
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: CO
Year Established: 2009
Employees: 3
BBN Listing #: 176445853
Broker Reference #: Not Disclosed

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Business Overview:

Roofing businesses provide some of the highest profit margins in trades industry. This is your opportunity to own and operate a residential roofing company that was established in 2009 and serves the booming Colorado region of south Metro Denver and Douglas County. This business is known for their professionalism, thoroughness and attention to details. Their strong reputation is evident by the high rate of referral business, strong reviews and the fact they have earned an A+ Rating by the Better Business Bureau. The business can be easily relocated, or based out of the home, anywhere in the south Denver Metro Area. You do not have to have prior experience in roofing to be successful in this business and the business can be structured in a manner that the owner does not necessarily need to be on the roof.

The business does approximately 150-200 projects per year and projects include new roofs, roofing repairs, gutters, siding, and other associated work that falls under homeowner insurance claims. The majority of projects completed involve insurance claims. The business has a real geographic focus of North Colorado Springs to South Metro Denver, and from Kiowa to Morrison. Occasionally sporadic work may take their service out of this area, but staying focused on their territory has some real advantages. It can provide a lifestyle where the owner’s travel is minimized as compared to other roofing businesses that have a larger region of coverage. The owner has enjoyed operating the business and performing most jobs closer to his home-based office.

The owner’s duties include Sales/Marketing, general business operations, ordering supplies, estimating bids, and project supervision.
In addition to the owner, his wife works in the administrative side and her duties include invoicing, A/R, customer/ insurance communication, and scheduling. There is one employee that works full-time in the business specifically as a jobsite supervisor and occasionally provides bids. The owner and spouse are looking to exit the business, however, the employee is negotiable to staying with a new owner in the same capacity. The business uses 3 reliable competent crews that will continue to serve the new owner.
This business is very attractive to someone looking to break into a first business. The accounting, books and records are extremely clean.
Furniture/Fixtures/Equipment included in the Sale: These items are listed on Schedule A and have an estimated Used Replacement Value by the Seller of $10,000. The seller uses his personal truck as both a personal vehicle and work vehicle and is not including it in the sale. The buyer of the business should have a pickup truck or would need to acquire one in order to properly operate the business.

Ideal Candidates to Purchase the Business: There is no prior roofing experience needed to operate this business, however, ideal candidates who may have an interest in purchasing the business might possess the following: a general knowledge of construction or roofing, general business management skills, and roofing/construction sales skills, roofing/construction supervisor or management background. Also, people such as firefighters, coaches, teachers, and anyone who has lots of connections in the area would be a good fit as well. Once you meet the owner, you will feel comfortable about his ability to pass the torch on and teach you everything you need to successfully operate the business.

Transition/Training: 30 Days of Training is included in the sale price of the business. However, the Seller is available to consult or contract after the training period if desired by the Buyer. Once the Seller is familiar with the specific skills and experience of the Buyer, he will discuss with the Buyer about what would be the best arrangement to make them successful.

Seller’s Reason for the Sale: The Seller would like to slow down now that the kids are grown. The Seller may be interested in working in other parts of the industry such as an inspector or on the supply side. The Seller is willing to sign a non-competition agreement and is not planning on moving or relocating so he will be around.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

The Denver Metro area has lots of roofing companies infiltrate the area, especially after storms come through and do considerable damage. Many roofing companies unfortunately have a reputation for being fly-by-night or out-of-state operations that don’t have the customers’ best interests in mind. This business has been in business nearly 10 years and is known for their honesty and integrity. Because the business focuses on the south Metro and Castle Rock area, there is huge growth going on with thousands of homes being built in Castle Rock, Littleton, and Highlands Ranch. Often these new homes have shoddy roofing and open the door to do repairs, build relationships, and be first in line when the hail storms come through. The business structure is based on low overhead, small staff, and tight control of profit margins, allowing the business to provide better prices than the bigger competitors. The ability to be most competitive with pricing makes this business an excellent resource in the local real estate market, because high costs of roofing can make home sale deals fall through. Real estate brokers as well as home sellers and buyers turn to this featured business when they need deals to get done! Many roofing companies procure sales by only doing door-knocking after substantial storms. This roofing business is different. Their reputation and industry contacts trust them and provide referral business. In addition, they effectively and strategically uses networking and their established past business relationships to outwardly market their services. The owner of the business has taken a “no job too small” approach with customers. This attitude combined with their local geographic focus, highest quality, and pride of work make this featured business a comfortable choice for homeowners. While many roofing companies frown and turn their nose up at small repairs, the Seller takes pride in the fact that his business has done a small repair for a homeowner in a subdivision and it has resulted in a few hundred thousand dollars of work over the years. The business prides itself on recommending appropriate and high-quality materials for the job, as compared to the “other guys.” This may not always result in the cheapest bid but many times customers choose them because they feel they are receiving expertise, best materials, and service. There is specific opportunity to expand the business through more targeted Internet Marketing, use of Social Media, and Door-to-Door sales after hail storms. The owner has purposely chosen to not employ these strategies simply because he was plenty busy with the current marketing methods being utilized.

Reason for Selling:

Semi-retirement.

Additional Details:

  • The property is owned.
  • The owner is not 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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