Retiring 20YR Roofing Contractor Seeks Owner Operator Buyer

Indian River County, FL

Seller Financing Available

Roofing Stock Image
Asking Price:$1,800,000
Gross Revenue:$4,168,804
FF&E:$373,000
Established Year:2006
Cash Flow:$570,976
Inventory:$385,000
Real Estate:$800,000
BUSINESS DESCRIPTION

Experienced Roofers or GC Qualified Buyers ONLY

Seller Retiring after 20 years, Seeks Roofing or Construction experienced Owner Operator to take the Helm. 4 Year Averages for Revenue & SDE displayed in Teaser, Formal Business Valuation, clean books and records for due diligence. The company specializes in roof installation, repair, rejuvenation, and maintenance for residential and commercial properties. They provide superior workmanship by using high quality materials for shingles, tiles, flat and metal roofs. The owner is very focused on quality and enjoys a solid reputation for over 20 years in Central Treasure Coast Florida Area. Established relationships with local builders has repeat revenues, Custom Builders 40%, Residential sales of 60%, reliable suppliers, ensuring a consistent supply of high-quality materials at competitive prices, thus maximizing profit margins. 3660 SQFT BLDGS, located on a .96-acre site consisting of a 1,660 SF freestanding office building with separate 2000 Sq Ft steel shop building and Lot Parking. Rent is $5885 a Month, Seller is Landlord.


ATTACHED DOCUMENTS
Buyer NDA Florida Roofing.pdf Download

DETAILED INFORMATION
Location
Indian River County, FL
Inventory
Included in asking price
Real Estate
Owned
Building SF
3,660
Employees
21
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
3,660 SQFT in Two Buildings combined, 0.92 Acre LOT, plenty of for Vehicles. 3 Large 16 ft. wide Bay doors in WH. Separate Office Building from Warehouse Building. Large open storage yard area. Entire property is Fenced. Landlord could add outbuilding with growth as negotiated on legally permissible. Seller IS Landlord and owner of the property.
Competition
The Roofing market is healthiest in States that have Big weather, Florida storms make roofing customers. The Company enjoys 40% of revenue from a Dozen Builder repeat customers that have a mix of remodel and new construction jobs in addition to residential retail customers at 60%.
Growth & Expansion
Company has been successful since 2006 with ONLY word of mouth referrals generating sales volume. Modern CRM, advertising & Marketing would see immediate results.
Financing
Some Seller Financing for HIGHLY Qualified Candidates, Buyer may lease OR Purchase re
Support & Training
Seller will remain Full Time for transition and introduction to key repeat customers, thereafter Seller may remain as 1099 Independent Sales Rep / Consulting / ride along on larger sales presentations. Seller remaining local post sale.
Reason for Selling
Retiring
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Wes
Lewison
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Wes Lewison