Roofing Contractor

Southeast Iowa

Asking Price:

$330,000

The total asking price of the business for sale

Cash Flow:

$114,109

Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets. "For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000

Gross Revenue:

$434,273

All annual business income (prio calendar year or trailing 12 months ) before any cost-of-sales or expenses have been deducted.

Inventory:

N/A

The value of the merchandise, raw materials, and finished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.

EBITDA:

N/A

Earnings Before Interest, Taxes, Depreciation and Amortization 

Rent:

N/A

FF&E:

N/A

Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending in the type of business.

Established:

N/A

Business Description

Located in a growing area, this roofing contractor has become the go-to choice for both residential and commercial roofing needs. With limited competition in the rural community, the contractor has built a strong reputation, staying busy solely through word-of-mouth referrals. As the area continues to experience steady growth, driven by an increase in housing developments and infrastructure projects, this roofing service remains in high demand, providing quality workmanship to meet the area's expanding needs.

Detailed Information

Location:

Southeast Iowa

Real Estate:

N/A

Building SF:

N/A

Lease Expiration:

N/A

Employees:

7 FT / 4 PT

Facilities:

No facilities are available.

Competition:

The company does not "chase" business. They do very little storm damage work, and the phone rings consistently with new opportunities.

Growth & Expansion:

Current owner works 40 hours per week and the company does not work overtime.

Support & Training:

Willing to train and support for 7 days.

Reason for Selling:

New opportunities

Franchise:

Business Website:

Business Location

18618

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