Commercial Roofing Focused On Maintenance For Sale

Description

Focused on preventative maintenance and repairs, this commercial roofing company has provided services for nearly 15 years throughout Connecticut and New York. The business maintains a repeat and diverse client base, serving universities, private schools, military facilities, hospitals, pharmaceutical laboratories, universities and various municipal buildings.Supported by a team of more than 50 employees, operations include a controller, HR manager, superintendent, two project managers, three estimators, one accounting assistant and over 40 field laborers. The owner remains semi involved in coordinating field operations and overseeing internal functions, spending approximately 20 hours per week in the business.The decision to sell is based on the owner’s age. As a show of good faith and long term commitment, the owner is willing to carry 20 percent of the purchase price and remain involved for up to two years. Included in the sale are 1.2 million in assets and over 1 million in working capital, supporting a smooth transition and strong financial position from day one.Priced at 6,100,000, the company is positioned for a seamless transition. The business operates from a 16,000 square foot facility with 4,000 square feet of office space.Currently there is no marketing or outside sales activity, and there is significant untapped potential in the solar side of the business, which could substantially increase revenue and profit margins.