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Listing Details

Profitable Roofing Company with Income Producing Real Estate

$899,000

File #219018

This listing has been sold!



  • Region: Not Specified
  • Price: $899,000
  • Income: $1,709,176
  • SDE: $300,995
  • FF&E: $304,500
  • Inventory: $10,000
  • Real Estate: $325,000
  • Listing#: 219018

This is an outstanding opportunity to own a very successful residential and commercial roofing company. This well-established company is known for its excellent reputation and quality of work. The company offers full-service roofing work including installations and repairs for all types of roofs. It is a company where its customers are its biggest source of referrals. Income the past three years has averaged just under $1.8 million producing average discretionary earning to the owner of $355,000 per year. Also included with the sale is 7000 square foot building that houses the business office as well as three rental units generating $3,150 in rent payments per month. The business and property including $304,500 worth of furniture, fixtures and equipment, good will, customer and supplier lists, non-compete agreement and training during the transition to a new owner are available for an offering price of $899,000, plus, the value of the inventory and supplies. The offering price is allocated at $325,000 for the income property and at $574,000 for the value of the business and its assets, plus, the value of the inventory and supplies. The value of the inventory and supplies is approximately $10,000.

This listing has been sold!


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