With over 10 years in business, this well-established and recession-resistant roofing company offers a new owner the chance to enter Florida’s thriving construction industry for just $58k down and $100k back at closing in working capital!
The business provides commercial and residential roofing services along the Treasure Coast and has an excellent reputation within the industry that leads to a great deal of repeat customers and referrals. With revenue consistently in excess of $1.5 million per year and a reliable and experienced team in place, the business is positioned to take advantage of the ever-growing housing market and influx of new residents that Florida is currently experiencing. Profitability for the business dropped in 2023 as the owner and his team were focused on building the new premises on which the company is now located. The seller will be the landlord for the business moving forward, offering security and stability for a new buyer.
There is consistent demand for roofing services all year round due to both the weather conditions and the requirements of the insurance companies in the state, and this helps to provide consistent cash flow for the business. The current owner has intentionally tried to keep the business smaller to suit his lifestyle needs; however, there are opportunities for growth by expanding further into the commercial market or by more actively seeking hurricane damage repair work. After starting the business over a decade ago, the owner now wishes to retire but is willing to stay with the company in a consulting role if required post-closing. He is also willing to hold the license for the right buyer for a six-month period if necessary.
The business has great books and records, a strong operating structure in place, a committed team, and a new office and warehouse space, offering immediate profitability for a new owner along with the chance to build on the work already done and continue the company’s growth.
