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38 Year Old Roofing Company

Hampden County, MA
38 Year Old Roofing Company
Asking Price : $1,750,000   
Cash Flow : $700,000   
Gross Revenue : $2,000,000   
Inventory : N/A   
EBITDA: N/A   
Rent: N/A   
FF&E: N/A   
Year Started: 1985   

Business Description

38 Year Old Roofing Company
Mature Roofing Company with Profits ‘Through the Roof’

This company has been a staple in the roofing industry and a pillar in the community for 38 years. They don’t need to advertise, everybody around knows them and they have a long-standing relationship with professionals in the real estate industry who just send them new business.

This is a low overhead, high profit margin business model that uses subcontractors to do the actual work. This company consistently does $2M in annual revenue with very little effort. If you buy this business and do nothing different, you can make $700,000 a year (35% margins). However, this business is primed for a new owner, a younger owner, to come in and apply modern digital marketing and social media marketing to easily double or 3X the size of this company. In addition, there are complementary services that you could offer, like siding and gutters for an easy transition into additional revenue.

If you are looking for great cash flow, this is it. But to make this deal even sweeter, the owner is willing to finance the balance with just 50% down. He will also stay around to teach you the business and introduce you to key players that have made this business so successful for so long.