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Premier Roofing Contractor for sale in Orange County, New York
Premier Roofing Contractor
Orange County |
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Terrific opportunity! The Company offers a full range of roofing services as well as gutter installation and cleaning services. Founded almost forty years ago, the current owner has built this business and developed an impeccable reputation for quality and reliability of service. During those years, the Company has grown on a consistent basis and is sustained almost completely by referrals and repeat business from a truly blue chip customer base. The Company does the majority of its business in Orange County, NY with the balance of its business coming from Westchester, Rockland, Sullivan and Dutchess Counties. Business is very profitable and is worth much more than the asking price. The Company charges premium pricing that is acceptable to customers because they know they are receiving the highest levels of quality service. The owner now wishes to retire but has a General Manager who runs the business on a daily basis, handles most customer contact and oversees the worksites. He wishes to remain with the Company and will provide for an easy transition of ownership. The Company's sales revenues and restated net income have remained relatively constant for the past three years. An aggressive acquirer who initiates a sales effort could rapidly and significantly accelerate those numbers. This is a rare opportunity for someone who wants to make a lot of money with a low entry price. The Seller will hold paper from a highly qualified buyer. The asking price of $275,000 includes all relevant furniture, fixtures and equipment.
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Listing Number: 46
[Broker Not Avail] - Listing Broker
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Telephone -
E-mail -
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| Category |
CONSTRUCTION BUSINESSES |
| Sub-Category |
Special Trades |
| Asking Price |
$175,000 |
| Gross Sales |
$297,015 |
| Cash Flow |
$131,119 |
| FFE |
$60,000 |
| Inventory |
$0 (Inventory NOT Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
3 - Full-Time
3 - Part-Time |
| Facilities |
The Company's office and work/storage area is currently on property owned by the business owner.He would be willing to make that space available to a new owner for a period of time with a very favorable rent arrangement until the owner was ready to relocate to a site of his own choosing. The Company has two trucks as well as a full range of roofing equipment-ladders, hoists, scrapers, chippers,kettles, etc.-that would be included in the purchase of the business. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Although the industry is highly competitive, the Company is well known and respected in its market area. Its blue chip customer base gives it the credentials and reputation attracting other high profile customers. |
| Growth Notes |
The Company's sales revenues and restated net income have remained relatively constant for the past three years. An aggressive acquirer who initiates a sales effort could rapidly and significantly accelerate those numbers.
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| Support Training |
The owner wishes to retire but has a Vice President and General Manager who runs the business on a daily basis, handles most customer contact and oversees the worksites. He wishes to remain with the Company and will provide for an easy transition of ownership. |
| Year Established |
1962 |
| Financing Terms |
Negotiable |
| Reason for Selling |
After 40 years in the business, the owner wants to retire. |
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