Profitable Kern County Roofing Company with Real Estate Available

Asking Price$1,050,000

Cash Flow
$356,268
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,610,828

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$650,000
Not included in asking price
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Profitable Kern County Roofing Company with Real Estate Available


Asking Price$1,050,000

Cash Flow
$356,268
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,610,828

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$650,000
Not included in asking price
Business Description
Well Established and Profitable Roofing Business located in a business friendly city in California. This business doesn't require much of the owners time and still makes a good profit. It enjoys an excellent reputation based on over 30 years of excellent service to it's customers. It has many repeat customers and larger customers that give them regular business. However, the business has a balanced customer concentration with no one or two customers accounting for the bulk of their business.

The Business is available with the Real Estate where it operates for an Additional $650,000. The Real Estate consists of a 3,000 sq. ft. metal building with 1,800 sq. ft. of office space and 1,200 sq. ft. of warehouse space located on a completely fenced commercial zoned 35,284 sq. ft. lot. The space was remodeled about 2 years ago with new flooring, paint, electrical and two new HVAC units. Or if you don't want to buy, the owner may lease it back at $3,000 per month on a industrial gross lease.

Equipment: The Business has all of the equipment necessary to apply asphalt shingles, membrane, tlle and build up roofs. A complete list will be provided to qualified buyers.

Inventory: The Business has no inventory, however it does have a bone yard of spare singles that may be handy for repairs.

Furniture fixtures and equipment: The office area has desks, chairs, couches and etc. that you would expect to see in an office.
About the Business
Years in Operation
24
Facilities & Assets
Facility: 3,000 sq. ft. metal building with 1,800 sq. ft. of office space and 1,200 sq. ft. of warehouse with a mezzanine for extra storage.

Rent and lease terms: $3,000 per month on an industrial gross lease, for a 5 year term with 3% annual increases. A 5 year options to extend is also possible, subject to the Seller's approval.
Opportunities for Growth
The community is growing and the industry is expected to grow at a Compounded Annual Growth Rate of 6.6% from 2024-2032. Market: The community is growing so there is plenty of new construction work available in both residential and commercial. There is always re-roofing, repair and service work.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
3,000
About the Sale
Seller Motivation
Retirement
Transition Support
If the Buyer retains the employees they will be able to train. However, some training will be provided.
Financing Options
SBA Candidate loan to a qualified buyer experienced in the industry
Listing Info
ID
2434693
Listing Views
77

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Business Listed by: John Willingham Sunbelt Business Brokers & Advisors

Listing ID: 2434693 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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