Specialty Commercial Roofing Reroofing And Epoxy Flooring Applicator For Sale

Business description

This Specialty commercial roofing/re-roofing & epoxy flooring contractor was started in 2003 in North Texas - Asking $1,350,000, Gross Sales - $2,400,000, Cash Flow - $388,000. They perform work mainly within the state of Texas and have the infrastructure to expand beyond the geographic area. Their primary roofing applications are a spray polyurethane foam roof system and a direct bond coating system, both of which offer a seamless membrane, are incredibly energy efficient and prevent any water penetration.

Their epoxy flooring process adds an elegant and functional touch to any building. Epoxy floors protect and strengthen a building while visually enhancing the area. Once coated with an epoxy system, either as a sealed concrete or broadcast system, the concrete is safe from wear and chemical abrasion.

Over the last seven years, over 50 percent of the company’s revenues were derived from various school districts. Some of the jobs were done directly for the school district, while others have been done through general contractors. All of the company’s employees go through a criminal background examination and drug test. All employees are issued a photo ID badge to ensure safety and compliance with regulations.

This company has a formal training and safety program in place and has regularly scheduled meetings to ensure compliance. The company currently purchases roofing materials from BASF and Neogard, a division of Jones Blair. Due to the enormous scope of various projects that require extreme logistical support, this company is capable of repairing/replacing a wide variety of roofs. Their experience with school districts is invaluable, as they know how to safely work within an inquisitive audience/environment. This company is well managed and has thee owners. One owner is retiring, one would like to stay on long term and one is open to various options.

Property information

Real Estate:

Lease

Location:

Small leased location with yard centrally located.

Business Operation

Expansion potential:

Strong growth on the immediate horizon. Company has over $2,000,000 in contracts in place for 2011 as of the first quarter of 2011.

Competition / Market:

Average competition in the commercial application industry, but minimal competition in their particular application.

Reasons for selling:

Retirement

Years established:

2003

Other information

Support & training:

Seller will provide ample training for a new owner. Current partner would like to continue with the company.

Owner financing:

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

Financing available:

TBD

Furniture / Fixtures value:

$322,000 (included in the asking price)

Inventory / Stock value:

$25,000 (included in the asking price)