Active
Profitable Kern County Roofing Business
Well Established and Profitable Roofing Business located in a business friendly city in California. This business doesn't require much of the owners time and still makes a good profit. It enjoys an excellent reputation based on over 20 years of excellent service to it's customers. It has many repeat customers and larger customers that give them regular business. However, the business has a balanced customer concentration with no one or two customers accounting for the bulk of their business.
The Business is available with the Real Estate where it operates for an Additional $650,000. The Real Estate consists of a 3,000 sq. ft. metal building with 1,800 sq. ft. of office space and 1,200 sq. ft. of warehouse space located on a completely fenced commercial zoned 35,284 sq. ft. lot. The space was remodeled about 2 years ago with new flooring, paint, electrical and two new HVAC units. Or if you don't want to buy, the owner may lease it back at $3,000 per month on a industrial gross lease.
Listed By: John Willingham
Background information
Reference:
57851
Year established:
2001
Reason selling:
Retirement
Finance
Sales:
$1,610,828
Profits:
$356,268
Operations
Employees:
One office manager, One Foreman, Three Roofers. Others are hired as needed.
Equipment:
The Business has all of the equipment necessary to apply asphalt shingles, membrane, tlle and build up roofs. A complete list will be provided to qualified buyers.
Inventory:
The Business has no inventory, however it does have a bone yard of spare singles that may be handy for repairs.
Furniture fixtures and equipment:
The office area has desks, chairs, couches and etc. that you would expect to see in an office.
Premises
Facility:
3,000 sq. ft. metal building with 1,800 sq. ft. of office space and 1,200 sq. ft. of warehouse with a mezzanine for extra storage.
Square footage:
3,000
Rent and lease terms:
$3,000 per month on an industrial goss lease, for a 5 year term with 3% annual increases. A 5 year options to extend is also possible, subject to the Seller's approval.
Location:
Located in a business friendly city in Central CA
Opportunities
Growth:
The community is growing and the industry is expected to grow at a Compounded Annual Growth Rate of 6.6% from 2024-2032.
Market:
The community is growing so there is plenty of new construction work available in both residential and commercial. There is always re-roofing, repair and service work.
Price and terms
Price:
$1,050,000
Financing:
This business should qualify for an SBA loan to a qualified buyer experienced in the construction business.
Training:
If the Buyer retains the employees they will be able to train. However, some training will be provided.