North Carolina Based Roofing Company

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Excellent Roofing Company with strong and growing cash flow!
Asking Price:
$1,550,000

Gross Revenue:
$4,583,226
Cash Flow:
$622,387
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$15,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

When the owners started this company in 2012, they saw an opportunity to provide superior service to clients in the roofing industry. With roofing contractors historically not known for great service, the owners focused heavily on customer service while performing Roof Repairs, Roof Installations and Gutter Replacements. The company has focused on smaller markets where they provide excellent service at higher margins than nearby larger cities with greater competitive pricing pressures. Combine this strategy with a heavy emphasis on digital marketing online, the company has grown consistently over the years while increasing their profitability every year. As the company grew, it expanded into two additional markets within 2 hours drive of their main office. This strategy has continued to be effective and helped elevate the company to be considered GAF Master Elite Roofing Contractor, a distinction held by only 2% of the roofing contractors in the US. This increased volume has helped improve margins due to purchasing savings and better terms with their suppliers. In addition, the company currently has a Better Business Bureau (BBB) Accreditation score of an A+. This is significant because the roofing industry has historically been listed as one of the top 10 industries with the most complaints to the BBB. The result is a well-run, profitable and growing roofing business that has been strategic in their growth, focusing on individual homeowners and apartment communities, with an emphasis on excellent service and profitable sales. This is a great business, with excellent cash flow, ready for a new owner.

About the Business

Year Established:
2012
Market Outlook/
Competition:
Strengths
• Local ownership, expertise and personal service
• Focused on customer service in an industry not always known for service
• Lots of referral business based on service and quality
• Services both residential and apartment clients
• Very strong online marketing resulting in a steady flow of leads
Weaknesses

Opportunities
• Increase workforce to handle additional business immediately
• Add subcontractors to provide both flat and metal roofs
• Grow reach by moving into additional secondary markets
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About the Sale

Reason For Selling:
The owners have decided to pursue some other family interests
Training/Support:
Seller will work with new owner to train and prepare new ownership for an agreeable period of time.

Listing Info

ID:
1616376
Ad Detail Views:
0

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$
months
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Business Listed by

Adam Petricoff

VR Mergers & Acquisitions - Charlotte

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U.S. Census Data for Mecklenburg County, NC
Age

Gender

Ethnicity

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

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

U.S. Community Survey Data for Mecklenburg County, NC
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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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