Seller's Contact Information
- RE: Turnkey Roofing Company In Brooklyn, NY
- Contact: TOM CERNIELLO
Business Overview:
Listing Price: $3,900,000
Gross Revenue: $2,950,000
Cash Flow: $950,000
Location: Brooklyn, NY
Industry: Construction/Roofing
Business Description
Seize this rare opportunity to acquire a well-established, family-owned roofing company in Brooklyn, NY. This turnkey business, specializes in both commercial and residential roofing, with a strong focus on flat roof systems. With a stellar reputation built over nearly a century, the company boasts consistent annual gross sales of $2,950,000 million and a robust cash flow of $950,000. This is an ideal opportunity for an entrepreneur or investor looking to step into a profitable, fully operational business with a loyal customer base, experienced staff, and significant growth potential.
Key Business Highlights
- Established Legacy: with a strong reputation for quality and reliability in Brooklyn and surrounding areas.
- Diverse Revenue Streams: Specializes in commercial and residential roofing, with expertise in flat roof installations and repairs.
- Experienced Team: Seven highly skilled, long-term roof technicians and a dedicated office manager with over 10 years of experience handling day-to-day operations.
- Operational Efficiency: Runs 3-4 crews daily, ensuring consistent project throughput and revenue generation.
- Well-Maintained Assets: Includes a fleet of four stake body trucks (free and clear), $100,000 in inventory, and $10,000 in fixtures and office equipment, all included in the sale price.
- Facility: Operates out of a 7,000 sq. ft. building, owned by the seller, with ample space to house all trucks. A short-term lease is available at $10,000/month.
- Strong Financials: Annual gross sales of $2,950,000 million with a cash flow of $950,000, supported by excellent books and records.
- Seller Financing: Attractive terms with 50% down and the remaining balance paid over 5 years at 8% interest.
- Transition Support: Owners will provide 60 days of training at no cost to ensure a smooth handover.
Motivated Sellers: Owners are eager to retire, creating an opportunity for a quick sale.
Market Competition and Expansion:
Competition, Growth, and Expansion Opportunities
The roofing industry in Brooklyn remains highly competitive, but this company stands out due to its long-standing reputation, specialized expertise in flat roofs, and established client relationships. The business has a loyal customer base and a strong referral network, positioning it as a trusted name in the market.
Growth Opportunities:
- Market Expansion: Brooklyn’s ongoing construction boom, including residential and commercial developments, presents opportunities to capture additional market share. Expanding marketing efforts, such as digital advertising or targeting new neighborhoods, could further boost revenue.
- Service Diversification: Adding complementary services like waterproofing, siding, or solar panel installation could attract new clients and increase profitability.
- Fleet and Crew Expansion: With existing infrastructure, scaling operations by adding more crews or trucks could significantly increase project capacity.
- Geographic Reach: Expanding services to neighboring boroughs or Long Island could tap into underserved markets with high demand for quality roofing services.
- Technology Integration: Implementing modern project management software or drone technology for roof inspections could enhance efficiency and attract tech-savvy clients.
The company’s strong financial foundation, experienced team, and included assets provide a solid platform for a new owner to drive growth while leveraging the business’s established name and operational systems
Reason for Selling:
RETIRING. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
Opportunity Update!
Exciting update: Turnkey Roofing Company In Brooklyn, NY has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!