Established Roofing Company Harbor Springs MI

Harbor Springs, MI
Emmet County


Asking Price: Annual Revenue:
$769,900 $635,000

Services: Home Improvement, Repair, Painting


Request More Information
Contact the Seller

RE: Established Roofing Company Harbor Springs MI Broker: William Malek
Owner Financing is Available!

Quick Facts

Asking Price: $769,900
Annual Revenue: $635,000
Net Profit: $110,000
Cash Flow: $145,000
Total Debt: Not Disclosed
FF&E: $96,500
Real Estate: Not Disclosed
Year Established: 1972
Employees: 6
BBN Listing #: 488856932
Broker Reference #: 190904

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

A Residential Roofing business in 1972 as a sole proprietor in Huston Texas. Al then moved his business to Harbor Springs MI in 1990 and later incorporated the Company in 1994. In Harbor Springs Al started doing roofing as a part time job after working a full day for a builder. As the business grew the owner left the builder in 1992 and worked full time with a part time helper. By, 1995 the Company had twenty-five employees comprising three crews.

The Company employs six including one crew and currently does not employ any estimators or salesmen. Additionally, as the owner is nearing retirement, he is only employing one crew made up of mostly family. The Company starts its employees at $15 per hour and gives an increase of a $1 per hour annually. Currently the highest paid employee is paid $25 per hour. The industry average is $24 per hour. It is anticipated that all employees will stay and work for the new owner.

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.

Property Features and Assets:

The current Owner owns the building and is offering it to the buyer at a fair and reasonable rent. And will consider selling the building at some future date. This company comes fully equipped to be a turn key operation on day one.

Market Competition and Expansion:

The Company has four major competitors in the Harbor Springs area. The offering Company has a competitive edge from years of excellent work and competitive pricing. The potential growth for Lee roofing is exponential to the number of crews that are on staff. Addition services and product sales growth include: adding commercial roofing services and increased sale of seamless gutters.

Reason for Selling:

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!