20+ Year Old Roofing Co. Helping Hurricane Victims

Not Disclosed, FL
Lee County

Asking Price: Annual Revenue:
$1,190,000 $2,075,650

Services: Construction, Contractors

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RE: 20+ Year Old Roofing Co. Helping Hurricane Victims Broker: Mark Purtee

Quick Facts

Asking Price: $1,190,000
Annual Revenue: $2,075,650
Net Profit: Not Disclosed
Cash Flow: $597,969
Total Debt: Not Disclosed
FF&E: $35,300
Real Estate: Not Disclosed
Year Established: 1986
Employees: 7
BBN Listing #: 68754955
Broker Reference #: 1001-17417

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Business Overview:

Lucrative roofing company located near Hurricane Ian's path. Business has been fully operational since the storm and has virtually unlimited business available. The company already has the trust and good reputation from more than 20 years of service in the community. High customer ratings, including BBB, confirm the quality of the customer experience. Fully staffed with office personnel and W-2 employees, not just subs for crews. Staff is fully competent in handling insurance claims and has for many years. The decision to offer this business for sale was made prior to the hurricane, but the immense storm damage creates a golden opportunity for a new owner.

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Property Features and Assets:

Professional facilities for a roofing company, 3 offices plus a lobby and warehouse space. There is space to park trucks and trailers. This is a good facility for the business, however a new owner has flexibility. The company could be relocated without a hindrance to the business since most clients are met at their location.  Assets = $35,300

Market Competition and Expansion:

Many roofing contractors are merely workers with a truck. Customers respect a "brick & mortar" located roofing company with office staff and the ability to professionally handle insurance. The crew are actual employees of the company, not transient sub contractors. The high ratings and reviews confirm the trustworthiness of this business. "Timing is everything". This business was growing steadily prior to the hurricane. And in over 20 years of service, the company has benefited from the abundance of work that storms generate. Owner has indicated Ian was one of the worst to hit the area. The company already has administrative staff that is experienced in processing insurance claims. Current owner is planning to hire additional workers to handle as much business as possible. Obviously a new owner has great opportunities.

Reason for Selling:

Health and Retirement.

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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