Maintenance of Commercial Roofs for Universities with Solar Division
Business Description
Reoccurring client base with institutional type customers!
This commercial roofing company provides a comprehensive range of services, including membrane roofing, metal roofing, slate and tile steep slope roofing, below-grade waterproofing, plaza pavers, ornamental sheet metal work, and solar
installation and repairs. Having built long-term relationships with a diverse and loyal client base, the company serves hospitals, pharmaceutical laboratories, universities, private schools, military facilities, and a range of government agencies.
Included in the sale are $1.2 million in assets and over $1 million in working capital, ensuring a smooth transition and solid financial footing from day one.
Supported by a team of over 50 employees,
operations include a Controller, HR Manager, Superintendent, two Project Managers, three Estimators, one Accounting Assistant, and skilled
union laborers. The owner remains semi-involved in coordinating field operations and oversight of internal functions, spending roughly 20 hours per week in the business. The decision to sell stems from the owners
age and as a show of good faith and long-term commitment, the owner is willing to carry 20% of the purchase price and stay on for up to two years.
Priced at $6,650,000, this company is poised for a seamless transition. The business operates out of a 16,000 sq. ft. facility with 4,000 sq. ft. of office space.
Currently there is no marketing or outside sales taking place, and there is a lot of untapped potential on the solar side of the business, which will greatly improve
revenues and profit margins.
installation and repairs. Having built long-term relationships with a diverse and loyal client base, the company serves hospitals, pharmaceutical laboratories, universities, private schools, military facilities, and a range of government agencies.
Included in the sale are $1.2 million in assets and over $1 million in working capital, ensuring a smooth transition and solid financial footing from day one.
Supported by a team of over 50 employees,
operations include a Controller, HR Manager, Superintendent, two Project Managers, three Estimators, one Accounting Assistant, and skilled
union laborers. The owner remains semi-involved in coordinating field operations and oversight of internal functions, spending roughly 20 hours per week in the business. The decision to sell stems from the owners
age and as a show of good faith and long-term commitment, the owner is willing to carry 20% of the purchase price and stay on for up to two years.
Priced at $6,650,000, this company is poised for a seamless transition. The business operates out of a 16,000 sq. ft. facility with 4,000 sq. ft. of office space.
Currently there is no marketing or outside sales taking place, and there is a lot of untapped potential on the solar side of the business, which will greatly improve
revenues and profit margins.
About the Business
- Years in Operation
- 12
- Employees
- 52 Full-time
Controller, HR Manager, 1 Superintendent, 2 Project Managers, 3 Estimators, 1 - Facilities & Assets
- Working Capital (A/R – A/P): $1,187,889
Equipment: $760,427: Including jobsite forklifts, air compressors, generators, safety equipment, boom lifts Vehicles: $501,835: 16 vehicles including 12 trucks, 3 SUV’s,
and 1 cargo van WIP & Backlog: $5,115,592* - Opportunities for Growth
- Growth Opportunities: Focus on cross selling the private solar
side
About the Sale
- Seller Motivation
- Retirement/Age
- Transition Support
- 1-2 years
- Financing Options
- 20% Seller Financing - $1,330,000
Listing Info
- ID
- 2457213
- Listing Views
- 21
Attached DocumentsAttachment Disclaimer
Listing ID: 2457213 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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