Business Overview

Profitable roofing company for sale with good employees/gangs in place. Seller would be willing to qualify a buyer and remain on board in some capacity to assist a buyer in business expansion as well as allow his license to qualify the buyer. CASH and check business.

This is an ideal opportunity for an out of state company looking to move into the Florida area and use the License of the Seller. Seller would be happy to stay on board and assist such company in expansion.

Financial

  • Asking Price: $175,000
  • Cash Flow: N/A
  • Gross Revenue: $675,080
  • EBITDA: $126,212
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1988

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:6
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Two weeks training, plus Seller would like to work with buyer after completion of sale to assist buyer

Purpose For Selling:

Semi retirement

Pros and Cons:

Very good name in the business

Opportunities and Growth:

Seller willing to work with buyer to help expand business

Additional Info

The venture was started in 1988, making the business 34 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell businesses. Nonetheless, the real reason and the one they tell you may be 2 absolutely different things. For instance, they may claim "I have a lot of various commitments" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might just be excuses to try to conceal the reality of altering demographics, increased competition, recent reduction in revenues, or a range of other factors. This is why it is very crucial that you not depend completely on a seller's word, however rather, make use of the vendor's answer together with your total due diligence. This will repaint a more practical image of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous businesses finance loans so as to cover items such as stock, payroll, accounts payable, etc. Keep in mind that occasionally this can suggest that revenue margins are too small. Lots of organisations fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that need to be satisfied or might result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in brand-new customers? Many times, businesses have repeat customers, which develop the core of their day-to-day profits. Specific variables such as brand-new competition growing up around the location, road construction, as well as employee turnover can influence repeat consumers and adversely affect future earnings. One crucial point to consider is the area of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Certainly, the more people that see the business regularly, the higher the opportunity to construct a returning customer base. A final thought is the general location demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? Just how might the local mean household income effect future earnings potential?