Long Established and Profitable Roofing and Siding Contractor

Asking Price$430,000

Cash Flow
$214,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$788,000

Inventory$5,000
Included in asking price
FF&E$100,000
Included in asking price
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Long Established and Profitable Roofing and Siding Contractor


Asking Price$430,000

Cash Flow
$214,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$788,000

Inventory$5,000
Included in asking price
FF&E$100,000
Included in asking price

Seller Financing Available
Business Description
This long established roofing and siding contractor has been in business for nearly 100 years. The present owner is a roofer and has reached retirement age. He is willing to provide financing to a qualified buyer, on a case-by-case basis at his sole discretion.

The company provides both professional and first-rate roofing & siding services to residential and commercial clients, primarily in Nassau & Suffolk County.

The business presently operates with two (2) installers and one (1) helper, and the sale includes all equipment and tools necessary, including: 3 Vans, a Bucket Truck, Box Truck with gutter machine, and a sheet metal shop. The workers are expected to remain with the business after the sale.

The company works with all popular roofing types including asphalt shingle, and EPDM, providing new roofs and roof repairs to residential and commercial accounts. Residential roofing typically needs to be changed every 15-30 years, providing a constant stream of new and repeat business.

In addition to roofing and siding, the company also provides gutters to complete all renovations.
About the Business
Years in Operation
35
Employees
3
Facilities & Assets
The seller owns the RE & will provide a 5/5 year triple net lease at an initial annual rate of $60K with normal escalators.
• 2,500 sq ft building
• 10 car parking lot
• Downstairs office: 420 sq ft
• Upstairs office: 252 sq ft
• Yard: 1,000 sq ft
• Mezzanine: 700 sq ft
• Shop: 2,200 sq ft
Opportunities for Growth
There is room for growth in neighboring communities.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Lease Expiration
12/30/2034
About the Sale
Seller Motivation
Owner has reached retirement age.
Transition Support
Seller will provide 3 weeks of support to transition the business as part of the transaction..
Financing Options
Seller financing to qualified buyer on a case-by-case basis, at his sole discretion.
Listing Info
ID
2264254
Listing Views
3991

Contact Seller

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Business Listed by: Angelo Ferrara Rapt Business Brokers

Listing ID: 2264254 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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