Business Overview

Well established roofing/siding/gutter contractor for sale in the Midwest.

They currently lease four locations throughout the United States. Lease information is available upon request.

Operate in six States.

20-30 sales reps.
12-15 crews.

$11M + in gross sales and cash flow positive.

Percentage of sales:
92% Roofing
8% Siding/Gutter

Financial

  • Asking Price: $5,900,000
  • Cash Flow: $4,500,000
  • Gross Revenue: $11,200,000
  • EBITDA: $4,500,000
  • FF&E: $120,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2020

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:30
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Operations in six States. Four leased locations.

Is Support & Training Included:

Negotiable. Owner will need to have proper licenses and permits.

Purpose For Selling:

Other business interest

Pros and Cons:

Operating in six States.

Opportunities and Growth:

Always a need for roofing contractors.

Additional Info

The company was founded in 2020, making the business 2 years old.

The company has 30+ employees and is located in a building with estimated square footage of N/A sq ft.
The property is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell businesses. However, the genuine factor and the one they say to you may be 2 entirely different things. As an example, they might say "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these may simply be excuses to attempt to conceal the reality of changing demographics, increased competition, recent decrease in revenues, or an array of other factors. This is why it is really essential that you not count totally on a vendor's word, however instead, use the seller's response together with your overall due diligence. This will repaint an extra realistic image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses finance loans so as to cover points like stock, payroll, accounts payable, etc. Remember that sometimes this can suggest that revenue margins are too small. Numerous businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future obligations to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that have to be satisfied or might result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location bring in new clients? Often times, operating businesses have repeat customers, which form the core of their day-to-day revenues. Particular variables such as new competition growing up around the location, road building and construction, and staff turnover can impact repeat clients as well as negatively affect future earnings. One vital point to consider is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more people that see the business often, the better the possibility to develop a returning client base. A final thought is the basic area demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? How might the regional mean household earnings effect future revenue prospects?