Profitable Roofing Contractor w/ High Growth Potential – Washington
Business Description
This profitable roofing contractor serves residential and commercial clients throughout King, Pierce, Thurston, and Mason counties in Washington. Services include re-roofing, roof repair, and preventative maintenance.
There is substantial upside for a buyer to scale operations year-round and implement various advertising to tap into unmet demand. Multiple ad campaigns have been identified as instant growth.
The business is currently valued at $165,000 with an SDE multiple of 1.74x. Additional equipment, a vehicle, and a box trailer are not included in the sale, but may be purchased for an additional $30,000. The purchase price for the equipment assets and the business altogether is currently $195,000.
An owner-operator has been identified to run day-to-day operations if wanted. The seller is open to providing transitional support.
There is substantial upside for a buyer to scale operations year-round and implement various advertising to tap into unmet demand. Multiple ad campaigns have been identified as instant growth.
The business is currently valued at $165,000 with an SDE multiple of 1.74x. Additional equipment, a vehicle, and a box trailer are not included in the sale, but may be purchased for an additional $30,000. The purchase price for the equipment assets and the business altogether is currently $195,000.
An owner-operator has been identified to run day-to-day operations if wanted. The seller is open to providing transitional support.
About the Business
- Years in Operation
- 6
- Employees
- 3
- Currently Home Based
- Yes
- Facilities & Assets
- Additional equipment, a branded vehicle, and a branded box trailer are included in the sale and have an estimated value of around $30,000. The business is valued at $125,000.
- Market Outlook / Competition
- This business serves residential and commercial clients. There are confirmed instant growth opportunities identified for a new owner to come in. The business competes with other roofing companies in the area, but differentiates itself by offering a rejuvenation treatment that extends the life of roofs, providing a cost-effective alternative to full replacements.
- Opportunities for Growth
- With little advertising currently in place, a new owner could expand revenue dramatically through optimized digital marketing and lead generation. Expanding operations year-round and increasing capacity could push the business past the $1M mark. A strong foundation is already in place for expansion.
About the Sale
- Seller Motivation
- Owner is looking to retire.
- Transition Support
- The current owner is open to staying on for a portion of time after the sale to assist with the transition. This support would help the buyer understand day-to-day operations, subcontractor relationships, and service offerings, including the rejuvenation system. The owner has trusted relationships with 3 subcontractors that handle the majority of the work.
Listing Info
- ID
- 2366632
- Listing Views
- 604
Listing ID: 2366632 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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