Acquisition Opportunity: Florida Residential Roofing Contractor
Business Description
We are representing a leading roofing contractor based in Florida, with over 20 years of exceptional service in the industry. The company is uniquely positioned for significant growth, particularly in the roof replacement and repair market, and offers a strong financial performance with a clear path for expansion.
Key Highlights:
Revenue and Profitability: The company reported a trailing twelve months (TTM) revenue of $8.72 million with an adjusted EBITDA of $1.48 million. Projected revenue for 2024 is $8.72 million with an adjusted EBITDA of $1.52 million.
Market Position: Established in 2003 with roots dating back over 50 years, our client has maintained strong profitability through long-standing builder relationships in the residential sector. The company operates from a 5,000 sq. ft. facility on 2 acres of land in a high growth area of Florida with a seasoned team of 22 employees.
Service Expansion: Significant growth opportunities exist in expanding the roof replacement and repair division, driven by the large market of homes built between 2001-2005 that are now reaching maturity. The company is currently turning down many opportunities in the roof replacement market, indicating untapped market potential.
Market Expansion: The company is primed to expand its service offerings to neighboring high-growth areas in Florida where many of their existing builder clients currently operate.
Digital Strategy: With no current online presence or marketing spend, there is a substantial opportunity to implement a digital marketing strategy, including SEO, social media, and online advertising, to drive lead generation and brand building.
Strong Management Team: The existing management team is willing to remain post-sale and is seeking a strategic partner with expertise in sales, marketing, and direct-to-consumer strategies to drive the next phase of growth.
Key Highlights:
Revenue and Profitability: The company reported a trailing twelve months (TTM) revenue of $8.72 million with an adjusted EBITDA of $1.48 million. Projected revenue for 2024 is $8.72 million with an adjusted EBITDA of $1.52 million.
Market Position: Established in 2003 with roots dating back over 50 years, our client has maintained strong profitability through long-standing builder relationships in the residential sector. The company operates from a 5,000 sq. ft. facility on 2 acres of land in a high growth area of Florida with a seasoned team of 22 employees.
Service Expansion: Significant growth opportunities exist in expanding the roof replacement and repair division, driven by the large market of homes built between 2001-2005 that are now reaching maturity. The company is currently turning down many opportunities in the roof replacement market, indicating untapped market potential.
Market Expansion: The company is primed to expand its service offerings to neighboring high-growth areas in Florida where many of their existing builder clients currently operate.
Digital Strategy: With no current online presence or marketing spend, there is a substantial opportunity to implement a digital marketing strategy, including SEO, social media, and online advertising, to drive lead generation and brand building.
Strong Management Team: The existing management team is willing to remain post-sale and is seeking a strategic partner with expertise in sales, marketing, and direct-to-consumer strategies to drive the next phase of growth.
About the Business
- Years in Operation
- 22
- Number of Employees
- 22
- Facilities & Assets
- Business operates out of a 5000 SF building that is located on a large expandable parcel. Owners wish to keep real estate and lease it back to new owners at market rate roughly $6800/month.
Business owns 1 truck, 1 forklift, and 5 dump trailers as well as leases 7 other vehicles that will be included in the sale. - Market Outlook / Competition
- Market leader in new construction roof installations in their territory for over 20 years.
- Opportunities for Growth
- See description above.
About the Sale
- Seller Motivation
- The existing management team is seeking a strong partner
- Transition Support
- Seller wishes to stay on board to continue to help new ownership transition and grow the company. Minimum 12 months of support and training.
Listing Info
- ID
- 2278663
- Listing Views
- 799
Listing ID: 2278663 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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