20 Plus Year Contracting Company-Owner Retiring
Asking Price: | $1,200,000 |
Gross Revenue: | $1,903,000 |
EBITDA: | $351,623 |
Established Year: | 2001 |
Cash Flow: | $402,776 |
Rent: | $1,000/Month |
FF&E: | $93,000 |
Increasing Year over Year Cash Flow Margins
This company has established itself as the leader in roofing, siding, and gutters since 2001. They deliver high-quality services, exceeding customer expectations while offering an assortment of workmanship warranties. The Company has expanded its services to kitchen and bathroom remodels and additional interior work. They have contracts with commercial accounts for all renovations.
They serve Westchester, Putnam, and Duchess counties in New York and Fairfield County, CT, and revenues have grown due to this service area. Under solid management, the business grew from $143,535 SDE in '21 to $402,776 SDE in '23.
A prospective buyer could invest in hiring more staff and taking on additional projects. This is a fit for someone looking to take on an owner's role in an established and well-known business ready to continue prospering.