Roofing Co – $1.66M Revenue, $215K SDE, Est. 1993
Ithaca, NY Tompkins County
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- RE: Roofing Co – $1.66M Revenue, $215K SDE, Est. 1993
- Contact: Andrew Page
Quick Facts
| Asking Price: | $495,000 | |
| Annual Revenue: | $1,660,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $215,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $140,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1993 | |
| Employees: | 6 | |
| BBN Listing #: | 1015481 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Established in 1993, this specialized commercial roofing contractor generates approximately $1.66M in annual revenue and $215,000 in cash flow. The business focuses primarily on commercial PVC roofing systems, with approximately 90% of revenue from commercial projects and 90% of work related to warranty or insurance needs. The company has built a strong reputation over 33 years, generating approximately 95% of new business through referrals. The six-person team has 8–15 years of tenure, providing significant technical and customer relationship continuity. The company is a Duro-Last Authorized Partner and has specialized asbestos abatement capabilities, creating meaningful barriers to entry. Approximately $140,000 in vehicles, trailers, and specialized roofing equipment plus $10,000 in active inventory are included in the $495,000 asking price. The owner is retiring and will provide an extended transition, with the option to remain involved after closing. Growth opportunities include hiring a commercial salesperson, digital lead generation, environmental remediation, and recurring roof maintenance agreements.
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Property Features and Assets:
The business operates from an accessible Central New York location with secure on-site storage containers, yard space for fleet staging, and space for bulk material purchasing. The sale includes approximately $140,000 in service vehicles, trailers, and specialized commercial roofing tools, approximately $10,000 in active roofing materials and supplies, storage containers, office equipment, computers, trade name, commercial customer lists, goodwill, Duro-Last Authorized Partner status, and vendor accounts. All equipment is owned free and clear. The business operates with a deliberately low-overhead facility model.
Market Competition and Expansion:
The company operates in the commercial roofing market across Central New York and the Southern Tier, where demand is driven by facility maintenance, upgrades, and insurance-related repairs. Approximately 90% of revenue comes from commercial projects and approximately 90% of work is warranty or insurance-related, providing consistent demand. Competition is limited because relatively few contractors are certified to install Duro-Last PVC systems, and fewer have asbestos abatement capabilities. Growth opportunities include hiring a dedicated commercial salesperson, launching targeted digital lead generation, expanding environmental remediation, and establishing recurring commercial roof maintenance agreements.
Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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