
Asking Price:$123,000
(Furniture / Fixtures and Inventory / Stock included)
Sales Revenue:$273,930
Cash Flow:$74,334
This roofing business started in 2017 and grew rapidly by marketing through lead generation accounts like Home Advisor, etc. The current owner is a general contractor and has decided to focus on contracting.
This business is home-based and could easily be operated from a storage unit for housing the tools and supplies. The owner has been personally doing repairs only and subcontracting out re-roofs. There are no employees at this time. He is currently waiting for the award of a bid that will net $70,000 after paying the subcontractors. This bid is not included in the current sales price and will be factored in if it is awarded to the company.
The assets include a lengthy list of tools and 3 vehicles which have been maintained in good working order: 2005 Chevy Silverado 2500 HD (4X4), Long Bed; 1996 Chevy Silverado 2500 (2×4), Utility bed and ladder rack; 1985 Ford Dump truck (F-350).
The assets also include: multiple custom Excel spreadsheets for estimates, etc., customer lists, subcontractor contacts, and more.
If not already licensed, a new owner would be required to take a 25-hour specialty trade pre-license course, but a general contractor’s license is not required.
Currently, there are five agencies in the Salt Lake area that offer the course and one in St. George.
Property Information
Premises Details: home based
Business Operation
Reasons for selling: focus on general contracting projects
Trading hours: Mon-Fri 8am-5pm
Employees:none — uses subcontractors
Years established:2017
Other Information
Support & training: negotiable as needed
Furniture / Fixtures value:$38,000 – included in the asking price
Inventory / Stock value: $2,100 – included in the asking price
Home based: This business can be run from home.
