Solid Roofs, Even Stronger Profits - Roofing Company

Description

Exterior services company for sale with revenue generated from roofing, repairs, storm-related projects and other exterior work. The business has an established operating process and a history of profitable projects.

Services

• Roof replacements
• Roof repairs
• Storm damage work
• Additional exterior improvement services

Financial profile

The seller reports strong revenue, attractive gross margins and consistent cash flow. Buyers should review historical financial statements, job-level margins and any adjustments used to calculate reported earnings.

Operations

The company has established production procedures and systems for managing job costs. Buyers should review how estimating, sales, scheduling, project management and quality control are currently handled.

Growth

• Increase marketing activity
• Add sales staff
• Expand crew capacity
• Enter nearby service areas
• Add complementary exterior services

Buyer review

Buyers should verify historical financials, backlog, active projects, customer concentration, gross margins by service type, subcontractor costs, warranty obligations and working-capital requirements.

Contractor licensing, insurance, workers' compensation, storm-restoration compliance and the classification of any subcontracted crews should also be reviewed before closing.