B2B, B2C, Roofing Contractor

Des Moines, IA
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Sale Pending
Asking Price:$9,400,000
Gross Revenue:$12,955,252
FF&E:$250,000
Cash Flow:$2,168,871
EBITDA:$2,168,871
Established Year:2020
BUSINESS DESCRIPTION

Well established roofing and exterior company for sale in the Midwest.

They currently lease five locations throughout the United States. Lease information is available upon request.

Operates in three States:
     Iowa
     Illinois
     Florida

20-30 sales reps.
12-15 crews.

$12M + in gross sales and cash flow positive.

January - June 2023 - Gross Revenue $8,614,362 and net profit $1,906,221

The business is on pace to do $20M in gross revenues in 2023.

Percentage of sales:
92% Roofing
8% Siding/Gutter

Asking price = $4,600,000 + Accounts Receivables


DETAILED INFORMATION
Location
Des Moines, IA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Five locations throughout the United States. Florida, Iowa and Ilinois.
Competition
They are on pace to surpass $15M in revenue this year.
Growth & Expansion
Possible expansion areas...Minnesota, Alabama and Louisiana.
Support & Training
Negotiable. Owner is willing to stay on while licenses are obtained.
Reason for Selling
Other Business Interest
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Dennis Darnell
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Dennis Darnell