Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

N3 Business Advisors Inc

Semi-absentee Owner – Roofing Business For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$1,700,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$3,100,000 (CAD)
Cash Flow:
$550,000 (CAD)

*Well established business with decades of experience,with consistent revenue and a recent operational shift that has drastically improved the profitability of the business.

*Business offers full-service roofing and re-roofing and installs full range of products including asphalt shingles, metal, composite, cedar shakes, as well as flat roof and low slope membrane products.

*The company has established a strong track record, known for its high-quality customer service and reputable work with many builders and homeowners in the region.

*The Company has many long-standing employees with management experience and have been with the business through multiple owners.

*Business has demonstrated steady revenue showcasing its ability to consistently bring money in, and with a focus on operations the business has achieved an average SDE of approximately $550k in the past two years while improving infrastructure.

*The Current owner acquired the business a little over two years ago and has empowered employees and implemented systems, while putting the right people in the right place to make owner’s role very high level. This allows the owner to work on the business instead of in it, because of the team that is in place.

*Business is established in a high end and rapidly growing location with a lack of quality competition in the area.

*Business price includes equipment, vehicles and inventory of approximately $650K

*Business has a non-unionized staff of Foremen, Lead Hands, Roofers, labourers, Customer service, Marketing, Accounting/HR, and Managers of approximately 23 people, semi absentee owner spends time on business development

*Owner is looking to exit the business after improving operational efficiency to focus on other endeavours

*Huge opportunity to increase revenues by focusing on metal roofing, as well as growth through expansion through established structure, in a growing area with high end Clientele.

Property Information

Real Estate:

Lease

Location:

1-Hour North of GTA

Other Information

Furniture / Fixtures value:
$650,000 (CAD) - included in the asking price