Primary Category:Other Building & Construction Businesses for Sale
This Southeastern Indiana roofing contractor provides both residential and commercial roofing services to the tri-state area. It provides professional service to shingle, metal, and flat roofs. Its services include:
• New Roofing
• Re-Roofing
• Repairs
• Maintenance
With decades of experience, this company has a great reputation. They are professional, quick and tidy. They take time to find out what the customer needs and then provides it. They are a Duro-Last Master Contractor and have GAF Certified Contractor status.
Target customers for this roofing business are homeowners, business owners, property management companies, and government entities. It has a large base of satisfied customers due to its extensive knowledge and professionalism. In fact, most new customers come from referrals. About 80% of the business comes from residential customers. They perform around 300 residential and commercial projects a year. The typical sale is approximately $10,000 per project.
The roofing contractor is in an ideal location. Serving a tri-state area of Indiana, Ohio, and Kentucky, it sits close to where bad weather hits. Part of “tornado alley” and subject to super cell storms, this area provides ample work for roofing contractors. Everything from tornadoes and straight-line winds to hailstorms and falling trees damage roofs of homes and buildings. It is minutes from a major interstate, too. This makes it easy to travel to work sites. Additionally, it has a satellite office. This office reaches more affluent suburban clients of the neighboring state.
This company is ideal for a roofer looking to own a business or a construction company looking for an add-on acquisition. With a great location, an excellent reputation, and ample room to grow, this business won’t be on the market long!
Investment Considerations:
• Excellent Reputation
• Strong Brand Recognition
• Steady Growth
• Services the Tri-State Area
• In Midwest Storm Corridor
• Room to Expand Service Area
• Real Estate Available for Purchase
• Vehicles & Trailers Included in Sale
• Recession Resistant
Financial Information
$1,200,000
Asking Price
$5,858,800
Cash Flow
$2,266,064
Gross Revenue
Negotiable
Down Payment
Business Location
City:
Southeastern Indiana
State:Indiana
Reason for Sale
The Seller is ready to retire.
Detailed information
Year Established:1990
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 6
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: No
Inventory Value:
On request
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$500,000
Building Size: 7700
FF&E Included?: No
Training/Support
The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.
Facilities
The facility is 7,700 SF with 1,200 SF of office space and 6,500 SF of warehouse space. There is ample room for equipment storage and parking. Currently, the facility is at 90% capacity. There is plenty of space to add out buildings
Market Outlook/Competition
One of the largest industries in the U.S. is the roofing contractors industry. There are an estimated 1M+ roofing contractors working across the country. About 70% of them are independent contractors. In Indiana, that equals 1,446 businesses employing 6,505 people. There are several competitors in the local market. However, expertise in a variety of materials gives the company an advantage over the competition.
Real Estate Description
The Seller is willing to sell the real estate for fair market value or lease it for terms to be negotiated. Real estate value of $500,000 is estimated.
This specialized home repair franchise for resale is looking for new ownership. Targeting homeowners, landlords, and property management companies, they...
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