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.
