37503- South Californian Spray Roofing & Insulation

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Asking Price:
$1,492,812

Gross Revenue:
$2,570,000
Cash Flow:
$566,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$450,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

The company is a specialty trade roofing contractor offering spray foam roofing for commercial applications and spray foam insulation for high end custom homes. The company operates from a 6,000 square foot facility, which it leases from a third party. The facility includes a warehouse and an office area. Offering these services requires a C-39 and C-2 California State Contractor License, fleet vehicles, specialty equipment, and experienced trained personnel. The Company has a proven track record supported by 15 years of ongoing business, and recently attained an ANZI Certification by the Spray Polyurethane Foam Alliance (SPFA) a national trade association, as a qualified professional applicator in California. Marketing efforts focus on targeting commercial enterprises and residential homeowners within Southern California. Revenue has significantly increased, with fiscal year ending 3rd quarter, 2017 total revenue was $2.20mm and 2018 YTD is $1.74mm with $1.34mm backlog pending, for target result over $3.08mm. With a large customer base and a solid reputation, the Company continues to attract new customers while maintaining relations with its established clientele. Creative purchase structures are of consideration, and an highly negotiable preference shall be granted to a fast track transaction closing.

About the Business

Location:
California
Year Established:
2004
Number of Employees:
11
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About the Sale

Training/Support:
The current owner is flexible for a standard or extended transitioning period. The owner looks forward to discussing these options with interested buyers.
Seller Financing:
Negotiable for the right buyer

Listing Info

ID:
1527521
Ad Detail Views:
312

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