Profitable Roofer with High Growth Potential

This residential and commercial roofing company has a A+ BBB rating, has an impeccable brand and they have served the local market for over 30 years. Typical annual gross in the the $3.5 to $4M range, with upside during heavier storm seasons that hit the region with straight line winds, tornados and hail every couple of years. These heavier periods generate $8M to $10M gross revenues with the largest season at $17M. Large growth opportunity though expansion into surrounding markets or through mobile teams to service storm damaged areas. Company has limited staff and manages sales and projects using independent sales and installation contractors. This allows the company to quickly scale depending on demand to maintain maximum probability. The company increases profitability by using their own supply company (included in the transaction) which can buy materials in bulk at wholesale prices. Location: Midland County, Texas Year Established: 1990 Number of Employees: 3 Real Estate: Owned Building Sq. Ft.: 21,000 Facilities: Includes 3.5 acre property with 2250 square foot offices professionally finished and two 125' x 75' warehouses in great location. Includes racks, fixtures, fork lift, pallet jack, sheet metal break and all roofing materials and supply inventory. Market Outlook/ Competition: This market area regularly gets storm damage that generates profitable residential and commercial reroofing projects. Maintenance and repair projects are smaller, but more profitable and help develop future customers. Strong company brand and quality of service drives significant referral business. Growth & Expansion: In previous years the seller has opened temporary offices in surrounding markets to leverage significant storm damage opportunities. Although highly profitable, this can be time consuming. Since a majority of revenues are driven by current or previous storm damage, there is an opportunity to expand into other storm damage services, including siding repairs & painting, fence/deck repairs and staining, etc. These services can also be fulfilled using subcontractors.