Business Overview

This roofing & construction company is located just outside of the OKC Metro area.
With years of service history and a solid reputation, the potential for continued growth is strong.
With years of service history and a solid reputation, the potential for continued growth is strong.
Acting as a sales channel, this company subcontracts out all the roofing and construction labor. The sales people are paid on commission and fixed overhead is very low. This company has great market penetration in their area and continues to market in proactive ways.

Financial

  • Asking Price: $175,000
  • Cash Flow: $120,217
  • Gross Revenue: $657,929
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

other ventures

Why is the Current Owner Selling The Business?

There are all types of reasons people choose to sell operating businesses. Nevertheless, the true reason and the one they say to you may be 2 entirely different things. For instance, they might claim "I have too many various commitments" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these might just be excuses to try to conceal the reality of transforming demographics, increased competition, current reduction in incomes, or a range of other factors. This is why it is very important that you not depend completely on a vendor's word, however rather, utilize the vendor's answer along with your overall due diligence. This will repaint a much more reasonable picture of the business's current situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of operating businesses finance loans with the purpose of covering points such as stock, payroll, accounts payable, and so on. Remember that in some cases this can suggest that earnings margins are too thin. Many businesses come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that have to be fulfilled or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location draw in new clients? Most times, operating businesses have repeat customers, which form the core of their everyday revenues. Specific aspects such as brand-new competition sprouting up around the location, roadway construction, and also personnel turn over can affect repeat customers and also negatively affect future profits. One vital point to think about is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the higher the opportunity to construct a returning customer base. A last idea is the basic location demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? Just how might the regional median home earnings effect future revenue potential?