CO Residential Roofing Company / Immediate Sale

Colorado Springs, CO
El Paso County

El Paso County at large

Asking Price: Annual Revenue:
$19,950 Not Disclosed

Services: Construction, Contractors

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RE: CO Residential Roofing Company / Immediate Sale Broker: Seller of Business
Owner Financing is Available!
May consider some seller financing for qualified purchasers and will consider investor or partnership offers with a path toward total ownership.

Quick Facts

Asking Price: $19,950
Annual Revenue: Not Disclosed
Net Profit: $300,000
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 1
BBN Listing #: 845944523
Broker Reference #: Not Disclosed

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Business Overview:

Apprentice Wanted / Have Roofer’s License / Great Market

Colorado Residential Roofing Company / Immediate sale $19,950 plus $3,000 for General Liability insurance.

Frustrated because you don't have a spare $3,000,000 handy to purchase a roofing company? It doesn't take $3 Million to get started in the very lucrative residential reroofing business.

Licensed in El Paso County (Colorado Springs) with ability to extend to Teller County and other counties as well as the greater Denver area, Boulder and have installed roofs in all those areas paid by insurance companies. Realistic first year earnings are $650,000 to $1,000,000.

Licensed roofer for almost 10 years seeks an apprentice who wants financial independence. I will support and launch the right person as I enter retirement. Recent medical issues have forced cessation of daily operations but will restart with right apprentice.

Assets include license holder to pull permits immediately, goodwill of 200 plus installations, (potential repeat business estimated at $250,000), great reputation and performance references that go back 10 years, Strong Angie’s List testimonials, complete accounting environment plus my ability to attract and retain future talent.

This is a RESTART opportunity. If you seek a large entity that is currently operating, please save your time and mine and purchase one of the other companies that might be on the market for far more money. This offer is of value to a buyer who has confidence in their own entrepreneurial abilities and wants to earn great $ with low initial investment. Entity can easily be developed to a large valuation for future exit event.

Ideal buyers would include:

Installers who want a greater share of the profit since they currently do not capture a piece of the profit per deal

A sales rep within the industry who seeks to own and develop his own entity

Someone within the real estate business, landscape and lawn care business or other business who already has relationships with homeowners but who wants an additional way to profit from the relationship

Someone with franchising or licensing background who has a growth vision beyond this immediate opportunity

An entity that is already operating out of state that seeks to enter the lucrative El Paso County market, or Someone like me, a white collar person who wanted to capture a large profit in a great industry while getting away from the corporate, Fortune 500 world

Make money immediately. Price just reduced for sale prior to December 29, 2019. $19,950 plus $3,000 for General Liability insurance for launch or $14,950 plus $3,000 for General Liability insurance plus percentage for seller to support for three years.. Don’t miss.

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Property Features and Assets:

No physical presence as owner had initially operated as a home business and subsequently rented executive office access.No physical equipment is needed besides a ladder as subcontractors physically install the roof and provide their own equipment. Investment will be needed for business basics such as business cards, letterhead, web site and marketing as well as executive office space if desired. Financial Assets and Notes: Reasonable projection of gross profit rate is in the 35 to 45 percent range. A million dollars of gross sales would result in $350 to $400 thousand estimated with owner drawing from that profit for personal earnings.

Market Competition and Expansion:

Many competitors because this is a lucrative industry owing to unique meteorological conditions in Colorado Springs that ensure frequent wind and hail events, however no one company has ever become dominant. Enormous potential for growth particularly with a purchaser, partner or investor who has basic territory development and sales skills. Developing an annual run rate of $1.0 to $2.0 million with a very high market valuation is extremely realistic.

Reason for Selling:

Restructure for growth

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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