High-Profit Roofing Business For Sale

Price: $4,725,000

Location: Morgan, UT

Listing ID: 289

Listing Status: Sold

Description

This well-established commercial roofing company has a proven track record of delivering high-quality service and exceeding customer expectations in the competitive Utah market. With a focus on single-ply membrane roofing systems, the company has built a strong reputation for its expertise in installation, replacement, repairs, and energy-efficient solutions.

The company has a loyal customer base and a steady stream of referrals, thanks to its commitment to honesty, reliability, and prompt service. Its experienced team, including skilled craftsmen and dedicated project managers, ensures that every project is completed on time and within budget.

With substantial growth potential in Utah and neighboring states, this turnkey business presents a unique opportunity for an ambitious entrepreneur to acquire a profitable and established commercial roofing company.

LISTING DETAILS

Total Sales: $5,000,000 (2024 Forecast)

Cash Flow: $1,500,000 (2024 Forecast)

FFE: $374,000

FFE Included: Yes

Operation

Year Established: 2018

Employees: 9 Fulltime, 3 Part time, Owner/Fulltime, Spouse/Part time

Location

Type of Location: Morgan, UT

Summary

Reason For Sale:

Retirement

Competition:

The company faces competition from other commercial roofing companies in Utah, but its strong reputation for quality workmanship and reliable service gives it a competitive advantage. While the market is competitive, the company's established relationships with general contractors and property management groups provide a steady stream of business. However, the company may need to invest in marketing and advertising to reach a wider customer base and maintain its market share.

Potential Growth:

While the company's current growth trajectory is impressive, expanding into new markets also presents challenges. On the one hand, expanding into Idaho and Wyoming could significantly increase revenue and customer base. However, this expansion would require additional resources, such as hiring new employees, establishing local presence, and navigating different market dynamics. Additionally, competition in these regions might be more intense, requiring the company to differentiate itself and adapt its strategies accordingly.