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Roofing - Commercial and Residential - Seller Financing

Hillsborough County, NH

Seller Financing Available
Roofing - Commercial and Residential - Seller Financing
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Asking Price: $275,000

Cash Flow: $149,599

Gross Revenue: $478,248

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $700 /Month

Established: 1987

Roofing - Commercial and Residential - Seller Financing

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Business Description

Buy now for the spring season!! This business is a well-established roofing contracting company in the Greater Manchester, NH area. The business was started by the current owner in late 1980's and has an earned an excellent reputation for providing quality service at competitive rates. The business primarily operates from March – December depending on the weather. However it can be operated year round if a new owner wanted to increase sales by offering roof repairs during the winter season. To operate the business requires only a small office, a storage area of about 200 - 300 sq. feet and a place to park one small truck. The business currently operates from the owner’s home and a new owner can operate from their own locations as well to keep overhead low or it can be relocated to small offices. The business has several regular crews who operate as subcontractors. Therefore, labor expenses are only incurred when services are needed. This keeps the overall expenses low making this a very profitable and flexible business to operate. Most of the business comes from word of mouth and previous customers. However, the business recently (as of December 2018) had a professional web site created which will help with lead generation and increase sales. Approximately 60% of the services are provided to residential accounts and 40% for commercial. Very little working capital is required to operate as services are partially prepaid with balance paid upon completion. The business has excellent books and records making it easy for a buyer to verify the sales and expenses of the business. Seller will work with the new owner to transition the business to the new owner, introduce them to suppliers, subcontractors and customers. Selling to retire but will stay on to transition the business to a new owner. For more information, please contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC by email or call 603-880-8200. Attention Business Owners: We have buyers looking for businesses to buy and not enough listings! If you are considering a possible sale or would just like to learn more about the process, please call me for an initial, confidential discussion.

Detailed Information

Location:
Hillsborough County, NH
Real Estate:
Leased
Building SF:
250
Lease Expiration:
N/A
Employees:
0
Facilities:
The business requires only a small office, a storage area of about 200 - 300 sq. feet and a place to park one small truck. The business currently operates from the owner’s home and a new owner can do so as well at their own location to keep overhead low or it can be relocated to small offices.
Competition:
Excellent reputation with lots of repeat business.
Growth & Expansion:
May be achieved through increased marketing.
Financing:
Seller will finance about 50% of the selling price to a qualified buyer.
Support & Training:
Seller will provide 4 weeks of training included in the sale immediately after closing.
Reason for Selling:
Retirement
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John Coto

Business Listed By:
John Coto

Alliance Business Brokers, LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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