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37503 – South Californian Spray Roofing & Insulation

ConstructionFor Sale in CA

Financial & Assets Details

$2,570,000
$566,000
$450,000
$15,000
Yes
6000+/-

About the Business

2004
11 nonunion.
Yes

Business Description

The company is a specialty trade roofing contractor offering spray foam roofing for commercial applications and spray foam insulation for high end custom homes. The company operates from a 6,000 square foot facility, which it leases from a third party. The facility includes a warehouse and an office area. Offering these services requires a C-39 and C-2 California State Contractor License, fleet vehicles, specialty equipment, and experienced trained personnel. The Company has a proven track record supported by 15 years of ongoing business, and recently attained an ANZI Certification by the Spray Polyurethane Foam Alliance (SPFA) a national trade association, as a qualified professional applicator in California. Marketing efforts focus on targeting commercial enterprises and residential homeowners within Southern California. Revenue has significantly increased, with fiscal year ending 3rd quarter, 2017 total revenue was $2.20mm and 2018 YTD is $1.74mm with $1.34mm backlog pending, for target result over $3.08mm. With a large customer base and a solid reputation, the Company continues to attract new customers while maintaining relations with its established clientele. Creative purchase structures are of consideration, and an highly negotiable preference shall be granted to a fast track transaction closing.

Seller Financing

Financing can be negotiable for the appropriate buyer.

Location Details:

Leased.

Support & Training

The current owner is flexible for a standard or extended transitioning period. The owner looks forward to discussing these options with interested buyers.

Reason for Selling:

Approaching retirement and/or pursuing other interests.

Listing ID: 37503 - South Californian Spray Roofing & Insulation

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