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Commercial Roofing Recurring Clients For Sale

United States
Construction
Company Data
Price
$7.2M
10%
Revenue
$18.1M
Top 10%
Profit
$1.8M
4X
Business Overview
About the Company
This commercial roofing business has nearly 100% repeat customer base – there is no storm chasing. In 2024, there is already $12M in backlog and $6.5M in work in progress. Most of their projects are completed in less than one year, services are varied including, covering membrane roofing, metal roofing, sheet metal, slate & tile steep slope roofing, waterproofing, plaza pavers, and solar installation and repairs. Their well-developed team of 51 is made up of 1 Controller, 1 HR Manager, 1 Superintendent, 2 Project Managers, 3 Estimators, 1 Accounting Assistant, and 42 Laborers. The owner coordinates with the Controller & Superintendent, along with overseeing banking. He is confident that the Controller & Superintendent are qualified and capable of operating the company. With the purchase of this company, a buyer would receive $3.3M in assets, which includes $630K in equipment (forklifts, air compressors, generators, safety equipment, boom lifts, anything needed for their jobs), 16 vehicles, computers, FF&E, office software, and working capital. The business operates out of a 16,000 sq. ft. facility with 4,000 sq. ft. of office space. Priced at $7,200,000, this company is poised for a seamless transition. The owner is willing to carry up to 10% of the price and has offered to stay on board for 1-2 years, showing a vested interest in the ongoing success of the company. Currently there is no marketing or outside sales taking place, and there is a lot of untapped potential on the solar side of the business, which will greatly improve revenues and profit margins.
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