Business For Sale Listing 151565
Commercial Roofing Contractor, Very Motivated
Status as of Nov-20-2008 at 06:41 PM: Off The Market
Business Summary
Location: SF Bay Area
Working Owner: 1 FT
Employees: 70 FT
Years in Business: 8+
Years by Current Owner: All
Reason for Sale: Retirement
Financing: Seller Financing available
FYE 2007 Sales*: $9,611,806
FYE 2007 Seller’s Discretionary Earnings (SDE)*: $892,841
F F & E Value (approx.): $100,000 (estimate)
Ownership Structure: C-Corporation
Facilities: 20,000 sq. ft. lot, w/ 3,000 sq. ft. office
*The company operates on a fiscal year ending September 31st.
The Company
This company is a leading commercial roofing contractor in the Bay Area. It has a tremendous reputation for top quality work and superior customer service.
Everyone if the contracting profession knows the economy has significantly affected business. This particular company is no exception, but sales are still rolling in and the company is healthy and profitable. In July, there was a 2-month backlog of work (all of this will be transferred to the new owner).
Purchasing this company will provide the new owner with a unique platform stable enough to weather the current economic woes and be poised to take full advantage of future work when things turn around.
The Owner is very motivated and will entertain all serious offers. Don’t wait. Submit your offer today!
Customers
The company’s customer list includes some of the largest and most prestigious company’s in California. The loyalty of the customer base is evident; 90% of sales come from repeat customers, a testament to the quality of service the company provides.
Skills / Licenses Required
A buyer needs to have a Class B General Building Contractors license as well as a C-39 Roofing license. General business management skills are a must. Experience in the roofing business is preferred.
Facilities/Lease Information
The current lease is month-to-month at approximately $4,775/mo. Another company could easily merge the business into their current facilities to cut expenses.
Categories
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Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million (9,611,806) |
| Profits: |
Between $500 Thousand and $1 Million (892,841) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007, Ending September 31, 2008 |
| Asking Price: |
Not Disclosed |
