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Roofing Contractor Business in SW Idaho

Idaho

Asking Price: Gross: Cash Flow:
$749,900 $1,447,605 $296,233

Furniture and Fixtures Value:
$174,500 (included in the asking price)

Inventory Value:
$5,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
SELLER CARRY! Seller is willing to carry with $300,000 down OAC. This business is a very profitable roofing contractor concentrated in residential roofing. Most of their work is with metal roofs with approximately 35% of jobs are shingle roofs. They do very little flat roofs but do have the equipment making this an avenue for increased revenue.

 
   
   
Year Business was Established: 1987
   
Number of Employees: 5 FT/2 PT  
   
Facilities / Terms of Lease: Business requires very little inventory. Seller currently owns an open yard in Ontario Oregon with a small storage building. Seller would be willing to rent facility or Buyer could utilize their own.  
   
Potential Growth/Expansion: Business has been successful with very little modern marketing methods. A buyer could utilize internet sales programs and probably increase business dramatically. Seller has been content with the amount of business he currently has but says revenue could be increase by expanding sales area and taking more jobs requiring flat roofs.  
   
Competition: There are a couple of competitors that service the same area, but none with the long track record and stellar reputation of this business. Business has been around since 1987 and Seller has been in the business for 46 years.  
   
Owner willing to finance: $300k down/$449,900 over 120 mos. @ 7%.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Seller would like to retire. Had a heart attack recently.  
 

 

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