Prominent Full-Service Roofing Business
Salt Lake County, UT
Sale Pending
| Asking Price: | $1,649,000 |
| Gross Revenue: | $3,631,358 |
| Rent: | $7,725 |
| Cash Flow: | $607,267 |
| Inventory: | $10,000 |
| FF&E: | $295,000 |
Listing ID: 2211736Listing provided by BizBuySell
BUSINESS DESCRIPTION
This prominent roofing business has over 40 years of experience in performing all types of roof installations, replacements, and repairs. Single family residences, as well as commercial and flat roof projects and siding and gutters can be handled. Several salespeople, multiple crews of experienced roofers, and knowledgeable office staff support make this an excellent turnkey opportunity for someone with a roofing or general contractor license.
DETAILED INFORMATION
Location
Salt Lake County, UT
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: multiple locations
Competition
The roofing industry is highly competitive with many new operators trying to compete with well-established businesses like this one. What sets this business apart is the large base of satisfied customers and the ability to handle all types of roofing jobs.
Growth & Expansion
This business has relied on referrals from past customers and some tv advertising. Since most residential roofs have a life expectancy of about 25 years, repeat customers have become an increasingly important segment of the business. A recent focus on commercial and high margin jobs has led to a significant improvement in sales and profitability. The business does not solicit business using door-to-door sales, but this could be an opportunity for growing the residential business.
Financing
Owner Terms:$165,000.00 Interest:8% Term Months:24 Monthly Payment:$7,462.50
Support & Training
Number of Weeks Seller Will Offer Training: 4
Reason for Selling
Retirement
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