Second-Gen Roofing Company with Great Sales & Reputation! (37798)

Situated in Northern California, listing specializes in quality contract roofing products; from single ply, built-up asphalt and gravel, to metal, shingle, wood and tile materials among others. Benefited by proper experience and strong referrals from returning clients, company also offers highly-rated repair services and warranties on labor (3 years) and manufacturing (20 years). Headquarters is a prime 10,000 square foot production facility that features ample parking, 6,800-sq.ft. of pre-manufacture and storage areas, as well as 3,200-sq.ft. of administrative spaces. Available for renewable lease options only, the property’s tenancy is $8,130 per month as it is found in excellent condition and commercially zoned to handle extra capacity for expansions. With no clients besides their main consumer making more than 2% of its income last year, company enjoys ideal flexibilities for strategy optimizations to further growth within their industry. Reliable superintendent can take on more work through streamlined operations, such as managing a personnel of eight non-contract employees and up to 20 union roofers hired per project. As team is most likely to remain post-purchase, buyer is free to be hands on with the job or stay absentee after a smooth transition period of three months to acclimate newer ownership. By maintaining an online engagement through their website, socials, and services like Yelp! or the Yellow Pages, marketing efforts also include sponsorships & community donations. Gross projections for 2021 reached to $6.5 Million, after Revenues for 2020 totaled $5,604,231 alongside Seller Discretionary Earnings of $1,200,000 and Adjusted EBITDA’s of $1,043,819. Based on an independent evaluation Location: California Year Established: 1940 Number of Employees: 8 n/u & 20 union Real Estate: Leased Building Sq. Ft.: 10,000 Rent: $8,130.00 Per Month Facilities: Business was Founded in 1940; Inherited 1990!