Business For Sale Listing #BFS-158247:
Commercial and Residential Roofing & Sheet Metal
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (1,700,000) |
| Profits: |
Under $100 Thousand (53,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
Business Summary
Our firm currently represents a roofing contractor providing services to both the commercial and residential markets. This well organized company has a well-established customer base that could easily and quickly be expanded upon. In 2006 - before the downturn in the housing market, the company posted Sales of $4.3 million and EBITDA of $1,021,000. 2007 revenues decreased to $1.7 million due to the housing downturn and are projected to meet or exceed that level in 2008. Revenues are split between sales to commercial home builders (66% of revenue) and to individual homebuilders (33%). The company provides both residential and commercial roofing services as well as sheet-metal work. Roofing expertise includes asphalt shingle roofing, high-end metal roofing, tile roofing and low slope roofing. Re-roofing provides steady income (60% of 2007 revenue) in comparison to new construction work (40%). Custom sheet metal services offered consist of specialty fabrication of range hoods, A/C items and door pans, copper bay window roofs, chimney caps, repair of ornamental iron or aluminum and specialty mig and tig welding, among others. The company's headquarters are comprised of 1,350 sq. ft. of office space and 3,650 sq. ft. of warehouse space on 2.5 acres of land, available for sale with the business. The company and employees are certified by roofing product manufacturers and are consequently able to offer extended warranties and related benefits that other local roofers are not.
