Asking Price: $499,975 Gross Revenue: $1,891,276Cash Flow: $371,020 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $100,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This company has been in business for over 26 years and has completed a wide variety of roofing projects throughout the State of Florida. Their reputation in the community has been built on a quality workmanship and competitive prices. Their knowledge of the latest technology and methods required to install B.U.R, Single Ply, Tile, Shingle and Metal Roof Systems enhances their ability to meet and exceed the expectations of their clients. Their Management Team has over 50 Years of combined experience in the Roofing & Sheet Metal Industry. They are an approved applicator for most manufacturers including GAF, Johns Manville, Firestone and all forms of tile and metal roofing.
This company insists on the ongoing training of their field supervisors and installers to guarantee that their customers get the best product possible. Their commitment to operating in a safe working environment in compliance with OSHA industry standards and local codes ensures that their projects are completed safely and accident-free. From residential houses to the largest estate roofs, from offices/warehouses to high rises, no roof or repair is too big or small. The reliability of service they provide is the measure of their success, not the size of your roof.
About the Business
Broward County, Florida
Number of Employees:
3 FT/3 PT
Immaculate 5000 sf warehouse with easy access to I-95. Spacious office with multiple rooms and facilities. Plenty of yard space to store the service vehicles overnight and multiple parking spaces for owner and employees. The seller owns the warehouse and will extend a long term lease to the buyer with favorable terms.
While there are other roofing companies in the tri-county area, you will be hard-pressed to find another company with the longevity in the market, the reputation and profitability. Florida is a hot and wet state - these adverse weather conditions and the constant storms are the perfect back-drop for a roofing company, which intends to service millions of customers.
Growth & Expansion:
Adding salespeople would grow the top an bottom line revenue of the company by leaps and bounds. The owner is retiring but a buyer with new energy can definitely take this already successful company into a rapid expansion mode. This will be supported by the growth rate of the Florida population and real estate as well as the weather conditions of the tri-county area.
Will train for 3 weeks @ $0 cost. The company is a certified installer of major roofing product manufacturers like GAF, John Mansville, Firestone, FRSA, etc. They are bonded and insured. They have multiple application solutions for any type of roof, be it commercial or residential. The company has a statewide roofing license and the seller is willing to qualify the buyer, should the buyer not have a license.
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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
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