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For Sale: Roofing Installation Contractor - Sonoma County


Current Status: Active     Posting #: 258419     Last Refreshed: 6/30/20    
Contact: Tim Cunha At 650-600-3751 , 844-237-6487  -  Also Email This Contact Below
Price:  $399,000     Down:  Call     Adjusted Net:  $236,489     Revenue:  $613,415    
Attributes:  Training & Support     Cooperation With Brokers?  Yes
Sonoma County Roofing Installation Contractor Business For Sale

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For Best Results & Response, Email & Phone This Contact: Tim Cunha at 650-600-3751 and 844-237-6487.

  Description About This Posting: Roofing Installation Contractor
Operating in the Napa-Sonoma Counties market for three decades, this roofing installation contractor is noted for its excellent quality with a name that conveys confidence and commands respect. They install all types of roofing materials new construction and renovation/repair/replacement.

The business is being offered for sale for an asking price of $599,000. This includes the name, reputation, market presence, web links, phone number, customer database, vehicles, tools & equipment, employee pool, lease of storage and operations building, etc.

Sales-Gross Revenues in 2018 were $613,415, with Net Profit of $236,489 included in Seller's Discretionary Earnings ('SDE') for the husband and wife owners of $242,885. Sales from January through early August 2019 were $702,528.

The business operates from a centrally located storage & workshop building of $2700 sq. ft. (plus outside parking) at a rent of $2,681 per month, that the new owner can continue with the landlord.

There are five full-time W2 production employees, plus two owners (husband & wife) who also work full time.

The furniture, fixtures, and equipment ('FF&E') includes all the shop tools, site tools, vehicles, equipment, warehouse racks, etc. needed to operate the business. The seller estimates the cost to replace the FF&E to be $150-$200K.

The Transaction: The asking Price is $599,000. This would be for all the assets of the business including the name, reputation, market presence, web links, phone number, customer database, vehicles, tools & equipment, employee pool, lease of storage and operations building, etc., except for accounts receivable, cash-on-hand, and security deposit. The seller will be responsible for all notes payable (if any) and accounts payable at closing. The seller will consider providing some seller financing for a qualified buyer. The business should be SBA loan qualified. All reasonable offers will be considered.

Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does not represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.

To get more information about this Roofing Installation Contractor business for sale in Sonoma County please phone Tim Cunha (Intermediary, Broker - BRE License #:01919755) at 650-600-3751 and 844-237-6487 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #258419 on BizBen.com. In addition to phoning Tim Cunha, make sure you email Tim Cunha above to get more info about this Roofing Installation Contractor, to ask any questions or request an appointment to see this business for sale. Thank you.

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