Sold
Roofing, Siding, Sheet Metal Contractor
This is a great opportunity to own a profitable roofing and siding contractor business with a variety of services ranging from residential to commercial applications. They have equipment and the capability in house to manufacture high end standing seem metal roofing and all the related parts as well as commercial and sheet metal flashing components. They have a great reputation for quality workmanship and service. They are recognized as a top company in their market.
Sale price does not include the real estate or the AR-AP. It does include all of the FF&E, equipment, trucks, trailers, tools, inventory, and good will.
Listed By: Mike Kendall
Background information
Reference:
0065
Year established:
2009
Reason selling:
Owner is retiring.
Finance
Sales:
$3,400,000
Profits:
$602,000
Profit type:
Discretionary Earnings
Operations
Employees:
18 FT, 2 Managers, and 5-10 subs as needed.
Equipment:
Full equipment list is in available in the deal room.
Premises
Facility:
The seller owns two buildings in seperate LLCs that are not included in the purchase price. TBoth buildings are approximately 3000 sf. One is used as a metal fabrication shop and the other is used as office space. The seller would prefer to sell the property with the business.
Square footage:
6000
Rent and lease terms:
The real estate is not included in the purchase price and the lease rate has been adjusted to fair market value at $5000 per month.
Location:
Missouri
Opportunities
Growth:
There is immediate opportunity to expand the sheet metal contracting services in the commercial and residential roofing business. There is opportunity to become a supplier to other contracting firms in need of sheet components that don't have to equipment necessary to manufacture those locally. Residential construction is expecting to increase by 15.2% in 2021 alone. There is plenty of oportunity to expand in their exisiting market. They are not marketing to nearby markets, but there is plenty of opportunity to serve those markets as well.
Market:
Missouri
Price and terms
Price:
$2,390,000
Financing:
SBA Approved
Training:
Seller will train for 1 month at no cost. Anything beyond that is negotiable.