Maintenance of Commercial Roofs for Universities

This commercial roofing company provides a
comprehensive range of services, including
membrane roofing, metal roofing, slate and tile steep
slope roofing, below-grade waterproofing, plaza
pavers, ornamental sheet metal work, and solar
installation and repairs. Having built long-term
relationships with a diverse and loyal client base, the
company serves hospitals, pharmaceutical
laboratories, universities, private schools, military
facilities, and a range of government agencies.
Included in the sale are $1.2 million in assets and
over $1 million in working capital, ensuring a smooth
transition and solid financial footing from day one.
Supported by a team of over 50 employees,
operations include a Controller, HR Manager,
Superintendent, two Project Managers, three
Estimators, one Accounting Assistant, and skilled
union laborers. The owner remains semi-involved in
coordinating field operations and oversight of internal
functions, spending roughly 20 hours per week in the
business. The decision to sell stems from the owners
age and as a show of good faith and long-term
commitment, the owner is willing to carry 20% of the
purchase price and stay on for up to two years.
Priced at $6,650,000, this company is poised for a
seamless transition. The business operates out of a
16,000 sq. ft. facility with 4,000 sq. ft. of office space.
Currently there is no marketing or outside sales taking
place, and there is a lot of untapped potential on the
solar side of the business, which will greatly improve
revenues and profit margins.