Primary Category:Roofing Contractor Businesses for Sale
A very successful highly profitable roofing company that has established themselves as one of the premier firms in the space of the Kern County area. The Owner has positioned the company with a strong established foundation, capable of operating whether he is there or on vacation. This fantastic opportunity is available because the Owner is ready for change and retirement. This is a highly profitable, family-owned roofing business, providing professional roofing services to primarily new residential construction.
They have a strong established relationship with the different manufacturers and a stellar reputation for quality and punctuality. The Seller has a well-trained staff that is capable of running the business in the absence of the Owner. The General Manager and the Office Manager are integral to the business and want to stay with the new Owners.
This is a great business for the first-time business owner or can be incorporated into a larger company.
Financial Information
$1,850,000
Asking Price
$1,470,000
Cash Flow
$5,060,000
Gross Revenue
On request
Down Payment
Yes
Financing
Business Location
City:
Kern County
State:California
Financing Comments
SBA Lending Candidate for a Qualified Buyer
Reason for Sale
Retirement
Detailed information
Year Established:2005
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:Yes
SBA Prequalified:No
Full-Time Employees: 15
Part-Time Employees:1
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
On request
Inventory Included: Yes
Inventory Value:
On request
Monthly Rent:
$6,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 5500
FF&E Included?: Yes
FF&E Value: On request
Training/Support
Seller will negotiate a transition period
Facilities
$6,000 per month including NNN Charges. active through October 2023, Assignable & Renewable
Market Outlook/Competition
Specializes in new residential roofing. Can expand into re-roofing and commercial industrial.