Business For Sale

Successful 40+ Year Old Roofing Contractor

Not Disclosed, FL
Miami Dade County

Asking Price: Annual Revenue:
$1,295,000 $3,310,953

Services: Construction, Contractors

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RE: Successful 40+ Year Old Roofing Contractor Broker: Jeff Spitzer

Quick Facts

Asking Price: $1,295,000
Annual Revenue: $3,310,953
Net Profit: Not Disclosed
Cash Flow: $559,741
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1976
Employees: 42
BBN Listing #: 7643630
Broker Reference #: 0101603754

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Business Overview:

Extremely successful roofing company. The current owner founded the company in the mid-1970's. The company has a full staff, including a day-to-day president. The day-to-day president has been with the company for several years and is tied into an employment agreement. The president of the company is eager to continue with a new owner. Nearly all the employees have long tenures with the company and are expected to continue following the sale. The company prides itself on delivering the best roofing job available and has customers coming back and offering referrals. They have a significant amount of opportunities that come to them that they turn away because they won’t be able to hold their pricing. A new owner will likely be more flexible in their pricing model and thus take work that is currently being turned away. In short, the current owner is happy with the size of the company but could easily grow it and make more money by lowering prices. Service work accounted for 55% of the work done during 2017 with re-roofing accounting for the balance. The current owner also owns the building that the company operates out of. It is not tied to the sale of the company but is certainly available for sale or market lease. There is a building (office and small warehouse) as well as permitted outdoor storage where they keep trucks and equipment. The current owner is ready to retire and even though they are projected to generate 33% more revenue and 40%+ more profits than 2017. The business is priced aggressively at approximately 1x currently year EBITDA. Please refer to listing number 0101-603754 and advisor Jeff Spitzer when inquiring.

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Property Features and Assets:

Lease/Month: $4,000; Square Footage: 2,500; Building Type: Off+WH+Storage; Terms & Options: The Seller owns building; Expiration Date: 7/31/2021.

Reason for Selling:


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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