Offered is one of the oldest roofing businesses in Colorado operating continuously for over 60 years. The company specializes in metal roofs. Current ownership has been the driving force behind the growth with stable revenues approaching $2,000,000. The company employs their own crews with an average length of employment of 11 years. The well-established business is a turnkey opportunity in a growing market. This is an exceptional acquisition target for the energetic entrepreneur.
Sale Price – $650,000
Assets – $ 90,000
Inventory $ 20,000
Average Cash Flow $309,000
Location: Colorado Front Range
Inventory and Assets: Included in asking price
Employees: 9
Competition:
There are few roofing companies that specialize in metal roofs. Current ownership mentions one or two competitors along the Front Range. But they point out that there is plenty of business for all the companies to flourish and that competitive situations with individual customers are rare.
Growth & Expansion:
With fresh legs and energy the current owners firmly believe the company could easily double in size within 4 years.
A quick way to increase revenues and capture more jobs would be to add additional products and services. it would be very easy to begin offering traditional asphalt shingled roofs as an alternative to their current offering.
Employing a full-time sales professional would certainly increase revenues. An aggressive sales professional would be able to follow up on these leads resulting in several more jobs per year. Currently the company sub-contracts the installation of gutters. Gutters have a high profit margin that is currently being left on the table. The company owns its own gutter fab machine that is ready to go.
Owner Financing: Up to 10% of the purchase price
Support & Training: 30 days included with the sale – the owner is willing to negotiate a longer term if needed.
Reason for Selling: Retirement and concentration on other investments
Send Me More Information about this Business
All information contained herein provided by business owner, to be verified by buyer, and not warranted by Crestone Business Group. For more information on this or other profitable business opportunities, please contact:
Crestone Business Group
Jeff Balch, Associate Broker
Direct Phone: (719) 440-4597
| jeff@crestonebusinessgroup.com
| www.crestonebusinessgroup.com
