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Listed by:

Rapt Business Brokers

Long Established And Profitable Roofing And Siding Contractor For Sale

Nassau County, New York, US
Asking Price:
$430,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$788,000
Cash Flow:
$214,000

Long Established and Profitable Roofing and Siding Contractor

This long established roofing and siding contractor has been in business for nearly 100 years. The present owner is a roofer and has reached retirement age. He is willing to provide financing to a qualified buyer, on a case-by-case basis at his sole discretion.

The company provides both professional and first-rate roofing & siding services to residential and commercial clients, primarily in Nassau & Suffolk County.

The business presently operates with two (2) installers and one (1) helper, and the sale includes all equipment and tools necessary, including: 3 Vans, a Bucket Truck, Box Truck with gutter machine, and a sheet metal shop. The workers are expected to remain with the business after the sale.

The company works with all popular roofing types including asphalt shingle, and EPDM, providing new roofs and roof repairs to residential and commercial accounts. Residential roofing typically needs to be changed every 15-30 years, providing a constant stream of new and repeat business.

In addition to roofing and siding, the company also provides gutters to complete all renovations.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration: 12/30/2034

Location:

Nassau County, NY

Premises Details:

The seller owns the RE & will provide a 5/5 year triple net lease at an initial annual rate of $60K with normal escalators. • 2,500 sq ft building • 10 car parking lot • Downstairs office: 420 sq ft • Upstairs office: 252 sq ft • Yard: 1,000 sq ft • Mezzanine: 700 sq ft • Shop: 2,200 sq ft

Size in square feet:
2,500

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There is room for growth in neighboring communities.

Reasons for selling:

Owner has reached retirement age.

Employees:
3
Years established:
35 Years

Other Information

Support & training:

Seller will provide 3 weeks of support to transition the business as part of the transaction..

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

Seller financing to qualified buyer on a case-by-case basis, at his sole discretion.

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price