Turnkey Roofing Company In Brooklyn, NY

Business Overview:

Listing Price: $3,900,000
Gross Revenue: $2,950,000
Cash Flow: $950,000
Location: Brooklyn, NY
Industry: Construction/Roofing

Business Description
Seize this rare opportunity to acquire a well-established, family-owned roofing company in Brooklyn, NY. This turnkey business, specializes in both commercial and residential roofing, with a strong focus on flat roof systems. With a stellar reputation built over nearly a century, the company boasts consistent annual gross sales of $2,950,000 million and a robust cash flow of $950,000. This is an ideal opportunity for an entrepreneur or investor looking to step into a profitable, fully operational business with a loyal customer base, experienced staff, and significant growth potential.

Key Business Highlights

• Established Legacy: with a strong reputation for quality and reliability in Brooklyn and surrounding areas.
• Diverse Revenue Streams: Specializes in commercial and residential roofing, with expertise in flat roof installations and repairs.
• Experienced Team: Seven highly skilled, long-term roof technicians and a dedicated office manager with over 10 years of experience handling day-to-day operations.
• Operational Efficiency: Runs 3-4 crews daily, ensuring consistent project throughput and revenue generation.
• Well-Maintained Assets: Includes a fleet of four stake body trucks (free and clear), $100,000 in inventory, and $10,000 in fixtures and office equipment, all included in the sale price.
• Facility: Operates out of a 7,000 sq. ft. building, owned by the seller, with ample space to house all trucks. A short-term lease is available at $10,000/month.
• Strong Financials: Annual gross sales of $2,950,000 million with a cash flow of $950,000, supported by excellent books and records.
• Seller Financing: Attractive terms with 50% down and the remaining balance paid over 5 years at 8% interest.
• Transition Support: Owners will provide 60 days of training at no cost to ensure a smooth handover.

      Motivated Sellers: Owners are eager to retire, creating an opportunity for a quick sale.

Contact the Seller:

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Market Competition and Expansion:

Competition, Growth, and Expansion Opportunities

The roofing industry in Brooklyn remains highly competitive, but this company stands out due to its long-standing reputation, specialized expertise in flat roofs, and established client relationships. The business has a loyal customer base and a strong referral network, positioning it as a trusted name in the market.

Growth Opportunities:

• Market Expansion: Brooklyn’s ongoing construction boom, including residential and commercial developments, presents opportunities to capture additional market share. Expanding marketing efforts, such as digital advertising or targeting new neighborhoods, could further boost revenue.
• Service Diversification: Adding complementary services like waterproofing, siding, or solar panel installation could attract new clients and increase profitability.
• Fleet and Crew Expansion: With existing infrastructure, scaling operations by adding more crews or trucks could significantly increase project capacity.
• Geographic Reach: Expanding services to neighboring boroughs or Long Island could tap into underserved markets with high demand for quality roofing services.
• Technology Integration: Implementing modern project management software or drone technology for roof inspections could enhance efficiency and attract tech-savvy clients.

The company’s strong financial foundation, experienced team, and included assets provide a solid platform for a new owner to drive growth while leveraging the business’s established name and operational systems

Reason for Selling:

RETIRING. Kindly ask the seller for more information.

Additional Details:

Documents:

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