Established Commercial Roofing Company in Erie, PA

Featured on BusinessForSale.com . 40 viewed

Asking Price

$14,950,000

FOR SALE - ACTIVE

Detailed Information

Location

Akron, Ohio, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This well-established commercial roofing company, with over 30 years of experience, boasts a strong reputation and a sizable backlog of over $16 million in projects. They focus primarily on maintenance work, serving a loyal client base within a 120-mile radius of Erie, PA, consisting of 60% recurring customers. The business prides itself on self-performing all labor and maintaining profitable partnerships within the community. The company has a dedicated team of 25 administrative staff members and 60 skilled metal workers and craftsmen. By leveraging their ties with local unions, 75% of their projects come from these partnerships, presenting an opportunity for further growth by expanding into municipal work. With a purchase price of $14,950,000 and $6 million in assets included, the business offers a lucrative investment opportunity with a strong financial outlook, ideal for a buyer looking to capitalize on its existing success. Priced for sale as part of the owner's retirement strategy, this commercial roofing business presents a turnkey

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