Okanagan Valley Roofing & Sheet Metal Contractor Business For Sale

Business description

This profitable Independent roofing and sheet metal contractor has a long history in Southern BC. The company supplies and installs all types of roofing and sheet metal supplies to contractors and home owners. Providing high quality service with extended warranties and guarantees, the company has built a strong reputation for high quality work utilizing skilled and highly trained installers. This highly reputable company relies primarily on word of mouth. A new buyer could reap higher financial rewards with an aggressive marketing campaign and trade show exposure. With key employees and management in place, this is an extraordinary company ready to grow. The price of the business before transferred working capital and inventory but inclusive of all fixed assets and goodwill is $877,600 with an implied multiple of weighted Cash Flow of 2.6 times. Since the seller is selling the operational balance sheet of the business which includes the normal required working capital of $317,000 (this includes inventory), as well as a surplus working capital of $5,000, the total of $322,000 transferred working capital is included in the asking price of $1,200,000. For further information please contact Neil Thomson.

Property information

Size in square feet:

3,400

Other information

Support & training:

Available

Reasons for selling:

Retirement

Trading hours:

Mon-Fri 8am-4pm

Furniture / Fixtures value:

$158,980 (included in the asking price)

Inventory / Stock value:

$58,106 (included in the asking price)