32 Year Old Roofing Company

Not Disclosed, FL

Not Disclosed.

Asking Price: Annual Revenue:
$3,900,000 $7,247,596

Services: Construction, Contractors

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RE: 32 Year Old Roofing Company Broker: Jim Dunmire
Owner Financing is Available!
$500,000 down/$1,900,000 for 120 mos. @ 5 %/Other Financing

Quick Facts

Asking Price: $3,900,000
Annual Revenue: $7,247,596
Net Profit: Not Disclosed
Cash Flow: $1,420,070
Total Debt: Not Disclosed
FF&E: $360,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 52
BBN Listing #: 64454955
Broker Reference #: 1001-14294

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Business Overview:

32 year old established Florida roofer. 60% Residential and 40% Commercial business. Key management in place to ensure continued success. The company focuses on the installation of metal roofs, shingles, concrete tile, TPO, EPDM, single-ply, modified bitumen, roof coatings along with re-roofing projects and repairs. Most trucks are newer 2017 or 2018 models. Tax Returns are Cash Basis so we utilized Accrual based P & L's prepared by their CPA. Qualified buyers are encouraged to inquire about generous seller financing. 2019 figures are annualized through June 2019.

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Property Features and Assets:

3,000 square feet building with 1,500 square feet office space. Adjoining 3/4 acre is a fenced yard for storage and work vehicles. Exceptionally attractive building with relatively newer construction on a major road for great access. Total Assets Included: $404,400.

Market Competition and Expansion:

The county is experiencing significant growth including both residential and commercial. There are only two other good sized roofers within the entire county. There are no reasons seller is aware of that with restrict future growth consistent with previous growth.

Reason for Selling:

Seller wishes to retire.

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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