ITHACA, New York
| Asking Price |
$495,000 |
Year Established |
1993 |
|
| Annual Revenue |
$1,660,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Andrew Page |
|
| Annual Cash Flow |
$215,000 |
Listing Number |
1015481 |
|
| # of Employees |
6 |
Business Category |
Services: Construction, Contractors |
|
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.
Property Features and Assets:
<p>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.<br></p>
Market Competition and Expansion:
<p>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.<br></p>
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