Price: $270,000
Location: Colorado Springs, CO
Industry: Other Building and Construction
Listing ID: Roofing4
Listing Status: New
This business has an excellent reputation in and around Colorado Springs. The owners have always gotten new business from referrals because they always give their customers more than they expect at a fair price.
The owners use sub-contractors to do the work, so they spend their time with sales, quotes, coordinating materials and overseeing the work.
Down Payment: $270,000
Total Sales: $656,477
Cash Flow: $80,120
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
FFE Included: Yes
Inventory: $20,000
Inventory Included: Yes
Year Established: 2011
Non-Owner Payroll: N/A
Employees: 3
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $3,000
Square Footage: 1452
Relocatable: Yes
Facilities Information: The seller owns the building and yard. He would like to lease but will consider selling it. This a very nice building on a major Blvd. in Colorado Springs. The equipment that is included with the sale is some trailers and miscellaneous tools.
Terms and Conditions?: Cash only.
Reason For Sale: Health issues and want to move on to other endeavors.
Training & Support: 4 weeks.
Historical Summary: Colorado Springs and the surrounding area has over 730,000 people. This provides an excellent opportunity for remodels and roof repairs. This area has frequent hail storms every summer. Due to COVID and health issues that the seller has experienced the business has dropped in the last 3 years. In 2019 and 2018 the gross sales were over $1,500,000. It would be easy for the buyer to bring this established business with an excellent reputation to bring the gross income back to those levels.
Financing/Terms: Cash only.
