Established Roofing Contractor w/Strong Reputation

Not Disclosed, UT
Salt Lake County


Asking Price: Annual Revenue:
$270,000 $693,094

Services: Construction, Contractors


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RE: Established Roofing Contractor w/Strong Reputation Broker: Meili Myles

Quick Facts

Asking Price: $270,000
Annual Revenue: $693,094
Net Profit: Not Disclosed
Cash Flow: $113,548
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 4
BBN Listing #: 875050336
Broker Reference #: 15541-868959

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Business Overview:

This premium roofing company has been around for more than 15 years and has an outstanding reputation. The business prides itself in using only high-quality materials, excellent workmanship, and providing warranties to their residential and commercial clients. They focus largely on remodeling vs. new construction, and they have a diversified customer base which helps sustain profitability. This business employs a seasoned crew, including a project manager who also does sales and experienced roofers. This business is an excellent turnkey opportunity for someone with a roofing or general contractor license who is looking to expand.

The current owner started the business in 2007. The company services customers throughout the Wasatch Front and Wasatch Back as well as the surrounding communities. It is home-based, and the owner stores the trucks and equipment there. A new owner could easily set up anywhere or as a home-based business.

The roofing industry is highly competitive with many new operators trying to compete with well-established businesses like this one. This business differentiates itself by providing high-quality materials and workmanship, and their clients recognize this and are willing to pay a premium price. This business also works collaboratively with a lot of other contractors and vendors with which they have established a strong relationship.

Another revenue stream that a new owner could benefit from is to do more remodeling work for the current client base that the current owners must decline due to limited capacity. This business has primarily relied on on-line marketing and referrals. A new owner could look to expand marketing to include targeted direct-mail campaigns to reach higher income homeowners. In the past, the business had been active in a local chamber and networking groups, which has been a proven marketing tool. Rejoining these groups could easily increase referrals, resulting in improved revenue and profitability.

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Reason for Selling:

Relocating

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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