Kansas City Residential Roofing and Exterior Improvements

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Asking Price:
$1,300,000

Gross Revenue:
$1,902,574
Cash Flow:
$562,507
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$165,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

An average of 400 roofs are completed each year with these experts in residential roofing and exterior improvements. Current customers are mainly residential clients (70%), while working with commercial clients (30% of current business) is an area of great potential growth. Comfortable working with insurance companies, this company can manage the details associated with fulfilling claims. In addition to roofing, this team of 40-50 subcontracted workers completes exterior projects including painting, gutter and siding installation, as well as stone restoration. The current owner does not work in the field and most duties could be assumed by the well-trained and reliable management team.

The roofing season, due to weather, is primarily March through October or November. Average residential roof prices average $10,000 and a commercial roof could be $75,000 - $100,000. This business does offer financing though a third party.

Operating from 1,000 square feet of space, the team of managers requires little to operate efficiently. The sales force is made up of 10 representatives who focus on social media and door-to-door connections to generate business outside of the insurance claims.

About the Business

Year Established:
2013
Number of Employees:
55
Facilities:
1,000 sq. ft.: Four offices, a conference room
Growth & Expansion:
Expand work with commercial clients, manage resources to maximize profitability
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About the Sale

Reason For Selling:
Exit strategy
Training/Support:
90-120 days
Seller Financing:
15% Seller Financing: $195,000

Listing Info

ID:
1599487
Ad Detail Views:
0

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U.S. Census Data for Clay, Jackson and Platte Counties, MO
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Clay, Jackson and Platte Counties, MO
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