Roofing Contractor Seeking New Owner Operator

Not Disclosed, WA
King County


Asking Price: Annual Revenue:
$350,000 $859,469

Services: Construction, Contractors


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RE: Roofing Contractor Seeking New Owner Operator Broker: Kevin Moen
Owner Financing is Available!
$165,000.00

Quick Facts

Asking Price: $350,000
Annual Revenue: $859,469
Net Profit: Not Disclosed
Cash Flow: $252,906
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 655752112
Broker Reference #: 31861-216423

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Business Overview:

Don’t miss out on this PROFITABLE 5 star roofing contracting business with strong growth and great reputation. This South King County roofing contractor runs almost entirely off referral business, and the owner is ready to retire. Priced competitively for a quicker sale, in recent years seller discretionary earnings has been in the $200,000 to $250,000 range. Great opportunity for a new owner operator, or strategic acquisition by a larger competitor.

Mostly focused on commercial projects they also serve the residential market in a limited fashion. Room for growth, solid foundation and great profit, contact us today for more information and to explore if this is a good fit as your next business.

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Property Features and Assets:

Current owner operates this business hands on. Ideal buyer will be owner operator, or competitor looking to add staff and referral business under a separate brand. Owners wife does minimal work in the business running the books and minor admin work. Her salary was not added back to seller discretionary earnings, leaving a budget to replace her work with an accounting firm and admin position.

Market Competition and Expansion:

Hiring additional crew to increase volume; Paid advertising; Residential expansion.

Reason for Selling:

Retiring

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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