Commercial Roofing Focused On Maintenance For Sale

Description

Commercial roofing company for sale serving Connecticut and New York.

The business has been operating for nearly 15 years and focuses on preventative maintenance and roof repair work.

Customers include universities, private schools, military facilities, hospitals, pharmaceutical laboratories and municipal properties.

Asking price is $6,100,000.

Staff

• More than 50 employees
• Controller
• HR manager
• Superintendent
• 2 project managers
• 3 estimators
• Accounting assistant
• More than 40 field employees

The owner currently works approximately 20 hours per week, mainly coordinating field operations and overseeing internal functions.

The company operates from a 16,000 sq. ft. facility, including approximately 4,000 sq. ft. of office space.

Included with the sale

• Approximately $1.2 million in business assets
• More than $1 million in working capital
• Existing customer relationships
• Current management and field team

The business currently does little to no active marketing or outside sales.

The seller also identifies the solar side of the business as an area that could be developed further.

The owner is selling because of age and is willing to finance approximately 20% of the purchase price for a qualified buyer.

The seller may remain involved for up to two years after closing to assist with the transition.