This commercial roofing business has a loyal repeat
client base consisting of hospitals, pharmaceutical
laboratories, military, universities, private schools,
government (schools, town halls, police, fire),
government agencies, and there is no storm chasing.
Their well-developed team of 50+ is made up of 1
Controller, 1 HR Manager, 1 Superintendent, 2
Project Managers, 3 Estimators, 1 Accounting
Assistant, and 42 Laborers. There is a solar business
entity that is non-union and works with business
owners throughout Connecticut. With the purchase of
this company, a buyer would receive $2.2M in assets,
with nearly $1M in Working Capital. The owner is
willing to carry up to 10-15% of the price and has
offered to stay on board for 1 year, showing a vested
interest in the ongoing success of the company. The
owner coordinates with the Controller &
Superintendent, along with overseeing banking. He is
confident that the Controller & Superintendent are
qualified and capable of operating the company.
Priced at $6,000,000, this company is poised for a
seamless transition. The business operates out of a
16,000 sq. ft. facility with 4,000 sq. ft. of office space.
Currently there is no marketing or outside sales taking
place, and there is a lot of untapped potential on the
solar side of the business, which will greatly improve
revenues and profit margins. Most of their projects are
completed in less than one year, services are varied
including, covering membrane roofing, metal roofing,
sheet metal, and solar installation and repairs.