Roofing Contracting Company

Not Disclosed, UT
Salt Lake County

Asking Price: Annual Revenue:
$123,000 $273,930

Services: Construction, Contractors

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RE: Roofing Contracting Company Broker: Elizabeth Bellit

Quick Facts

Asking Price: $123,000
Annual Revenue: $273,930
Net Profit: $74,334
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $40,100
Real Estate: Not Disclosed
Year Established: 2017
Employees: Not Disclosed
BBN Listing #: 86034931
Broker Reference #: Not Disclosed

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Business Overview:

This roofing business started in 2017 and grew rapidly by marketing through lead generation accounts like Home Advisor, etc. The current owner is a general gontractor and has decided to focus on contracting.
This business is home-based and could easily be operated from a storage unit for housing the tools and supplies. The owner has been personally doing repairs only and subcontracting out re-roofs.He is currently waiting for the award of a bid that will net $70,000 after paying the subcontractors. This bid is not included in the current sales price and will be factored in if it is awarded to the company.

The assets include a lengthy list of tools and 3 vehicles which have been maintained in good working order: 2005 Chevy Silverado 2500 HD (4X4), Long Bed; 1996 Chevy Silverado 2500 (2x4), Utility bed and ladder rack; 1985 Ford Dump truck (F-350). The assets also include: multiple custom Excel spreadsheets for estimates, etc., customer lists, subcontractor contacts, and more.
If not already licensed, a new owner would be required to take a 25-hour specialty trade pre-license course, but a general contractor’s license is not required. Currently, there are five agencies in the Salt Lake area that offer the course and one in St. George.

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Property Features and Assets:

Home based.

Reason for Selling:

Focus on other opportunities.

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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