Commercial Roofing Focused On Maintenance For Sale

Focused on preventative maintenance and repairs,
this commercial roofing company has offered service
for nearly 15 years throughout Connecticut and New
York. They have a repeat and diverse client base,
serving universities, private schools, military facilities,
hospitals, pharmaceutical laboratories, universities,
and a range of municipal buildings. Supported by a
team of over 50 employees, operations include a
Controller, HR Manager, Superintendent, two Project
Managers, three Estimators, one Accounting
Assistant, and 40+ Field Laborers. The owner
remains semi-involved in coordinating field operations
and oversight of internal functions, spending roughly
20 hours per week in the business. The decision to
sell stems from the owners age and as a show of
good faith and long-term commitment, the owner is
willing to carry 20% of the purchase price and stay on
for up to two years. Included in the sale are $1.2
million in assets and over $1 million in working capital,
ensuring a smooth transition and solid financial
footing from day one.
Priced at $6,100,000, this company is poised for a
seamless transition. The business operates out of a
16,000 sq. ft. facility with 4,000 sq. ft. of office space.
Currently there is no marketing or outside sales taking
place, and there is a lot of untapped potential on the
solar side of the business, which will greatly improve
revenues and profit margins.