• Offered at

    $1,950,000

    Offered at

  • Revenue

    $1,400,000

    Revenue

  • Discretionary Earnings

    $686,319

    Discretionary Earnings

  • Down Payment

    $201,000

    Down Payment

Established Roofing, Waterproofing, Deck, Siding, and Skylight Contractor for residential and commercial customers with an exceptional reputation is available.  Founded in 2007, $1.4M million sales, $686,319 discretionary earnings (DE).

The company provides services for roofing, waterproofing, decking, skylights, and siding for luxury and high-end homes throughout Southern California in addition to commercial applications.  The company has carved out a niche in metal roofing as there are few contractors that provide this roofing, and the company is well known for high-quality work with this type of roofing.

The buyer does not need to have a contractor’s license and can obtain their contractor’s license within a year after closing with the Seller acting as the RMO (Responsible Managing Officer) – contact our office to discuss options.

The owner/seller has built a company with superior craftsmanship, cutting-edge products and service, excellent procedures, and a team consisting of its foreman, journeyman, and longstanding relationships with dependable subcontractors.  Its reputation for delivering excellent quality and timely project completion with its experienced professional team has ensured consistent revenue through referrals in both residential and commercial markets in Southern California.

The administrative side of the business is conducted from the owners’ home; the business also utilizes a warehouse.  The warehouse and a connected office are available for lease.

Summary:

  • Offered at $1.95 million
  • $1.4 million sales 2021
  • $686,319 Discretionary Earnings 2021
  • $201,000 Down w/SBA Financing
  • $77k of high-quality equipment (including 2 branded trucks)

Buyer Skills and Requirements:

The buyer does not have to have a contractor’s license, but the buyer must obtain their C-39 license within 12 months. The owner has a C-39 contractor’s license and will act as the Responsible Managing Officer (RMO) for the buyer for up to 12 months (the maximum allowed by the SBA).  The seller will provide training for 6 weeks/30 hours per week, and limited consulting as negotiated after the initial training period.

Reason for Selling:

The owner is retiring

 

Inquiries from principals only

 

Financial Summary

Summary 2019 2020 2021
Revenue $1,245,983 $1,744,976 $1,445,201
Cost of Goods Sold $344,119 $344,433 $422,542
Gross Margin $901,864 $1,400,543 $1,022,659
Operating Expenses $591,685 $613,288 $563,128
Net Profit $310,179 $787,255 $459,530
EBITDA
Owners Benefits $260,872 $217,683 $226,789
Discretionary Earnings $571,051 $1,004,938 $686,319