Ohio: Quality Roofing Specialist Aiming Growth

Featured on BusinessForSale.com . 3 viewed

Asking Price

$999,000

FOR SALE - ACTIVE

Detailed Information

Location

Southwestern regions of OH, Ohio, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This well-respected company in Ohio specializes in quality roofing installations for various types of roofs, including flat and low slope roofs, and shingles. With a strong financial foundation and an experienced team, the business is poised for growth and success. An optional property purchase also presents opportunities for expansion. The company boasts a reliable team with extensive industry experience and a 60-year history. Sales projections for 2024 are stable at $1.65 million, with revenues reaching $1,591,549 the previous year and discretionary earnings of $335,909. Despite its solid performance, there is room for growth, especially since there are currently no full-time commercial sales personnel and limited advertising efforts. With a significant presence in the local area and a reputation for quality work, the business has a history of generating $4 million in annual revenues with minimal marketing efforts. The company specializes in commercial flat roofs (58%), flat residential roofs (1%), residential shingles (31%), and commercial shingles (5%).

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