UNDER CONTRACT:Chicagoland Roofing Company

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Asking Price:
$349,000

Gross Revenue:
$998,233
Cash Flow:
$150,730
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$125,600
included in asking price

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Business Description

UNDER CONTRACT:

This 50 year old residential and commercial roofing business is located in the Chicago Suburbs and still going strong. Since its establishment, The Company has been able to grow and change with the times. It offers a variety of roofing services but specializes in tear offs. Customers already have jobs booked for 2019. The Company also offers a few seasonal services such as snow plowing and salting during the winter months.

The Company’s experienced team of roofing technicians and shinglers is fully equipped to service most roofing types including copper and artificial tile. Each employee has worked with the Company for over 3 years with very little turnover.
This Business is completely turn key and a new owner would be in an excellent position to keep things running smoothly with the business systems that are all ready in place.

Interested buyers are required to execute an electronic NDA and provide a LinkedIn profile or resume prior to the disclosure of the name and location of the Company. Please call Jim Peddle at 312-525-9622 or email at info@playbookadvisory.com.

About the Business

Year Established:
1970
Number of Employees:
10
Home Based:
Yes
Real Estate:
Leased
Building Sq. Ft.:
900
Lease Amount/Mo.:
$1.00
Facilities:
The Company operates out of two locations. One is the current owner’s home office and the other is a 900 sq/ft shop with customer parking that the sellers rent from a third-party landlord.
Market Outlook/
Competition:
The Company's primary competitors are other roofing contractors within its territory. However, none of them have the longevity and adaptability that the Company boasts.
Growth & Expansion:
A new owner has an excellent opportunity to expand the marketing for the Company. Many of the marketing channels all ready in place are perfectly functional but need to be updated or used more often. A new owner could also add more print advertising channels, such as construction and home magazines and journals. There is also room to expand other parts of the business to continue to break into new markets.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Mutually agreed upon training and transition up to 6 months
Seller Financing:
34900

Listing Info

ID:
1562131
Ad Detail Views:
204

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Business Listed by

Mike Stone

Playbook Corporate Advisory, Inc.

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Sponsoring Broker:

Jim Peddle
Playbook Corporate Advisory, Inc.
License# 310001536

U.S. Census Data for DuPage County, IL
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for DuPage County, IL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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