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37750 - Quality-focused Relocatable Roof Contractor For Sale

Central TX, Texas, US
Asking Price:
$749,000 Furniture / Fixtures included
Sales Revenue:
$931,858
Cash Flow:
$222,466

Situated in central Texas, this general contractor provides residential roofing and siding installation, as well as repairs for shingle, tile and metal roofs including pitched, flat and modified. Open nearly 20 years, the company enjoys a strong local reputation and a large recurring customer base, offering a five-year warranty on new roof construction and two-year warranties on sidings. Found in shopping center available for acquisition from a third party, the 700 square foot office is leased. The property itself would be a great investment with rental income and if purchased, would eliminate leasing fees. While 2019 reached $1.3M, last year’s Revenues were affected by the pandemic and still totaled $931,858 with Discretionary Earnings of $222,466. Meanwhile 2021 is expected to reach over one million dollars in sales again. All employees are contracted including the bookkeeper, sales management, and 5-6 subcontractors for field work, streamlining operations. The seller can facilitate a smooth transition of up to 12 months under supervisorial role, confident the company’s many certifications and ability to relocate will make it an appealing purchase. Apart from the use of postcards, signage, and several website ads, self-promotion efforts focus on maintaining an online presence and benefits from successful verbal referral sources.

Property Information

Real Estate:

Lease

Lease Terms:

Holds a monthly tenancy of $1,000.

Size in square feet:
700+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday from 8AM - 5PM.

Employees:
2 employees and 5 - 6 contractors.
Years established:
1992

Other Information

Support & training:

Period of up to 12 months under supervisorial role.

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

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$3,750 - included in the asking price
Relocatable:
This business can be relocated.

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