Commercial Roofing Waterproofing Business In Dallas For Sale

Business description

Commercial Roofing, Re-roofing contractor, Leak Repair –Year End 2011 Gross Sales $7.3 million, Adjusted EBITDA above 1.6 million. Asking Price - $5,000,000 Plus Real Estate. This Specialty roofing/reroofing contractor, and leak repair contractor was started in the seventies, located in North Texas. They perform work mainly within a 100 mile radius of DFW, but have the infrastructure to expand beyond that geographic radius. It has experienced exceptional revenue and ebitda increases since its inception, while having record years in 2007, 2008, 2009, 2010, and 2011 despite the recessive economy. There are three main services offered by this company, including Commercial Roofing, Leak Repair and Preventative Roof Maintenance for jobs of all sizes. Its core services include emergency repairs, leak repairs, maintenance, re-roofing, retro-fitting, new roof construction, roof design, roof management, sheet metal (in house fabrication shop and install), architectural metal (fab & install), coatings, waterproofing, and energy conservation, and they are experts in numerous roofing types including membrane, metal, modified, etc. With an enviable customer list consisting of numerous Fortune 500 clients, and strong net margins, this opportunity is a natural fit for strategic buyers in the same or related industry, a high net worth individual, or for private equity. The current management oversees the day to day running from a macro perspective, while the long tenured, highly experienced staff runs all aspects of the day to day operation. Much of their business is derived from existing, repeat customers and/or referrals. Seller has reviewed financials.

Property information

Real Estate:

Real Property Included

Location:

Large Warehouse and Office. Real Estate located in North Dallas is valued at 1.1 million. The current set-up, land and warehouse has sufficient capacity to increase revenues by 100% without need for additional space.

Business Operation

Expansion potential:

The company does minimal advertising, continuing to remain successful based on repeat and referral business. There is an immense opportunity to bid and win more, slightly lower margin jobs, which the owner has purposely avoided. Advertising could serve to increase the business tremendously, especially the leak repair. Further, the company could expand their business outside of their current demographic scope. Lastly, there is a large market available with government jobs they have not tapped into.

Competition / Market:

Fragmented Industry, minimal competition locally or nationally given the size of the industry.

Reasons for selling:

cash out

Employees:

50

Years established:

1980

Other information

Support & training:

Seller will offer one month training for a new owner.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

TBD, if any

Furniture / Fixtures value:

$350,000 (included in the asking price)

Inventory / Stock value:

$50,000 (included in the asking price)