Long Established and Profitable Roofing and Siding Contractor
Long Established and Profitable Roofing and Siding Contractor
Price: $430,000
Location: Nassau County, NY
Industry: Construction
Listing ID: Rapt 5601
This long established roofing and siding contractor has been in business for nearly 100 years. The present owner is a roofer and has reached retirement age. He is willing to provide financing to a qualified buyer, on a case-by-case basis at his sole discretion.
The company provides both professional and first-rate roofing & siding services to residential and commercial clients, primarily in Nassau & Suffolk County.
The business presently operates with two (2) installers and one (1) helper, and the sale includes all equipment and tools necessary, including: 3 Vans, a Bucket Truck, Box Truck with gutter machine, and a sheet metal shop. The workers are expected to remain with the business after the sale.
The company works with all popular roofing types including asphalt shingle, and EPDM, providing new roofs and roof repairs to residential and commercial accounts. Residential roofing typically needs to be changed every 15-30 years, providing a constant stream of new and repeat business
Cash Flow: $214,000
FFE Included: Yes
FFE: $100,000
Reason For Sale:
Owner has reached retirement age.
Training & Support:
Seller will provide 3 weeks of support to transition the business as part of the transaction.
Year Established: 1990
Type of Location: Leased, expiring 12/30/2034
Square Footage: 25000 sq.ft.
Facilities Information:
The seller owns the RE & will provide a 5/5 year triple net lease at an initial annual rate of $60K with normal escalators. • 2,500 sq ft building • 10 car parking lot • Downstairs office: 420 sq ft • Upstairs office: 252 sq ft • Yard: 1,000 sq ft • Mezzanine: 700 sq ft • Shop: 2,200 sq ft
Potential Growth:
There is room for growth in neighboring communities.
Financing/Terms:
Seller will provide financing to qualified buyer on a cas-by case basis, at his sole
For more information on this listing, please complete our Non-Disclosure Agreement
