Residential Roofing Contractor (with great niche and repeat customers)

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Buyers, this is one of the best offerings in the St Louis metro area
Asking Price:
$475,000

Gross Revenue:
$1,035,608
Cash Flow:
$237,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

We've lowered the offering price multiple from 2.5 to 2.0 on this great business. It's priced to sell. With $237,000 of legitimate cash flow (SDE), priced at only $475,000, this very attractive business will go quickly.

Many buyers understand that the best business is one that has found a niche that can be successfully defended. Looking for significant growth potential? Both (a defendable niche and significant growth potential) are available here.

The company is residential roofing contractor, which has been in business for more than 15 years, and is not a "storm chaser". Instead, the firm has long-standing relationships with custom-home builders who utilize the company's services because they employ highly skilled and experienced employees (not subcontractors). Many roofing contractors are not interested in, nor qualified to take on, the large and complex roofs of these very exclusive custom-built homes. The home builders, and their wealthy clients, want to avoid the headaches and risks associated with lower-end roofing contractors who delegate or subcontract their installations to foreign labor crews. The company's reputation for performing high-quality work at a fair price on a timely basis is their secret to their success.

Another plus, this business could be operated out of your home.

The owner desires to retire but has expressed interest in continuing to work with a new owner for up to one year in a sales capacity to help grow the business.

This business has been pre-qualified for acquisition through the SBA 7a loan program.

Great businesses, such as this one, don't last long on the open market. Inquire today!

About the Business

Location:
Saint Louis, Missouri
Number of Employees:
6
Market Outlook/
Competition:
The business has a niche that can be defended. Further information will be provided after the signing of our non-disclosure and non-circumvention agreements.
Growth & Expansion:
The company does have significant growth potential. Further information will be provided after the signing of our non-disclosure and non-circumvention agreements.
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About the Sale

Reason For Selling:
Owner desires to retire, but is willing to stay on to help grow the business.
Training/Support:
The owner is willing to stay with the Company during a transition period in order to ensure a seamless transfer of ownership, and may consider extended involvement to fuel a buyer’s growth.

Listing Info

ID:
1490078
Ad Detail Views:
1480

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$
months
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Business Listed by

Jim Stauder

Biz Owner Advisors

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