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Residential-Commercial Roofing Siding An Windows For Sale

West Texas, Texas
Asking Price:
$1,999,000 Furniture / Fixtures included
Sales Revenue:
$3,176,000
Cash Flow:
$816,000

One good hail storm in west Texas could lead to a quick return on your investment! This profitable roofing company, located near Lubbock, Texas, specializes in quality residential and commercial roofing, windows, and siding. They only use quality products that have been tried and tested, products that are good for homes in West Texas. This business provides their prospective customers with an extensive list of references along with free estimates and 5 year warranties. They have their licenses in place for the state of New Mexico as well. The name of their business and logo is trademark protected and they are a Owens Corning Pro Contractor. The company services a 90 mile radius of their business base and has been known to reach out a little farther. The brand is well known in the area due to their advertising through radio, television and YP, which they invest approximately $150,000 annually. They have a modern, easy to use website offering customers tips as well as describing the business and all they do and offer.
This company has been in business nearly 40 years with the current owners. The current owners are ready to retire. This wonderful business offers a new owner consistency in supplier, good sales volume, market growth and profitability. This business could be operated in a hands-on or absentee fashion giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Out of their total revenue, 95% comes from residential re-roofing, 3% from commercial re-roofing and 2% for siding and windows. This wonderful business is very visible in the local community and seen everywhere. A 2006 Ford F150, Box Truck, Enclosed Trailer and forklifts are included. The rest of inventory and equipment is negotiable. For more info Contact David Michaelson

Property information

Real Estate:

Lease

Premises Details:

This property is owned with the option to buy by a new owner. There are 2 buildings and each one comprises of 3200 sq. ft. each. They were built in 2009 and in very good condition. The property has plenty of room for expansion. There is a residence available as well. Their warehouse/office consists of 2 40'X80' steel buildings with 14" walls and a 40'X40' covered parking in between, joining all together. This sits on 22 acres of land with a house on the property. The house and 10 acres could possibly be separated out. Entry gates have a wide opening for semi truck deliveries with the concrete drive surrounding all the buildings.

Business Operation

Expansion Potential:

By adding a strong sales force and increasing commercial jobs, this business would grow by 100% for a new owner.

Competition / Market:

30% repeat clientele. Quality, thorough service is the company's guarantee. Every job is coordinated and supervised by the owner of the company. With very few exceptions, they answer the phones 24 hours a day, 7 days a week. They have GREAT name recognition, and an A+ with the BBB.

Reasons for selling:

Approaching retirement.

Trading hours:

Monday-Saturday Hours: 7:30am - Dark

Employees:
6 Contractors
Years established:
1977

Other Information

Support & training:

There are 6 independent contractors that have been with the company for many years. They will most likely stay after the transitioning. The two full-time owners are available for a reasonable transitioning period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to: 10.00 %

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$250,000

Contact Broker

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