Estate Roofing Company on California Coast! (37770)
ConstructionFor Sale in CA
Financial & Assets Details
About the Business
Prequalified at full asking price by a preferred lender! Situated in Santa Barbara County within California’s Central Coast, this listing specializes in roofing installations and maintenance services using quality, brand name materials for high end multi-million estates. The company also installs gutter systems and offers periodical cleaning along with inspections and repairs for roof damage of any kind. Catering to Residential clientele (45%), General Contractors (35%), and Commercial/Industrial clients (20%) as well, the business carries an A+ rating from the BBB since 1996 and an NRCA membership since 2002. 2020 Revenues reached $2,029,862; Gross projections for 2021 projected to reach $2.4 Million alongside Seller Discretionary Earnings of $673,629 and Adjusted EBITDA of $545,180, based on an independent evaluation. To ensure successful operations under new ownership, reliable personnel of eleven employees with management in place, agree to remain post-purchase, with a 6 to 12 month seller transition. With rave reviews plus referrals backed by a large and recurring customer base, continued acquisition of estate homes as clients assures continued growth. Part of a 10,000 sq. ft. facility, the suite features office and warehousing of 2,450 sq. ft. Found in excellent condition and industrially zoned to handle extra capacity for desired expansion, the property comes surrounded by a parking lot and holds a renewable tenancy. Established nearly 3 decades, marketing efforts make use of the website and social media engagements for self-promotion as well as Yellow Pages, Yelp, and venture signage, while also participating as sport/school sponsorships.
Negotiable up to 20% for the right buyer.
Listing includes Prepaids of $2,050 and Varying Inventory.
Support & Training
Owner Transition period of 6 to 12 months.
Reason for Selling:
Approaching retirement and/or pursuing other interests.