Commercial Roofing Business, $18M Revenue, [City, State]
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Asking Price
$6,650,000
Detailed Information
Stamford, Connecticut, US
Not Provided
NA
Business Description
This commercial roofing business, with a substantial $8.3M backlog and $18M work in progress, boasts a loyal client base in sectors such as healthcare, education, government, and retail. The company comes with $3.2M in assets, $1.9M in Working Capital, $760K in equipment, and 16 vehicles. The team consists of 51 members, including key positions like Controller, HR Manager, Project Managers, and Laborers. The owner is committed to ensuring a smooth transition and ongoing success, offering to carry a portion of the price and stay involved for up to two years. Priced at $6,650,000, this business operates from a 16,000 sq. ft. facility with untapped potential in solar services, promising increased revenue and profit margins. Projects primarily involve membrane roofing, metal roofing, sheet metal, and solar installations, with most projects completed within a year. Notably, there is room for growth in marketing