Southeastern Indiana Roofing Contractor - SOLD
Sold Listings / 696 views / Sold
Price: $1,200,000.00
This Southeastern Indiana roofing contractor provides both residential and commercial roofing services to the tri-state area. It provides professional service to shingle, metal, and flat roofs. Its services include:
- New Roofing
- Re-Roofing
- Repairs
- Maintenance
With decades of experience, this company has a great reputation. Because they are professionals, they are quick, efficient, and tidy. They take time to find out what the customer needs and then provides it. Not only are they are a Duro-Last Master Contractor but they also have a GAF Certified Contractor status.
Target customers for this roofing business are homeowners, business owners, property management companies, and government entities. It has a large base of satisfied customers due to its extensive knowledge and professionalism. In fact, most new customers come from referrals. About 80% of the business comes from residential customers. They perform around 300 residential and commercial projects a year. The typical sale is approximately $10,000 per project.
The roofing contractor is in an ideal location. Serving a tri-state area of Indiana, Ohio, and Kentucky, it sits close to where bad weather hits. Since this area is part of “tornado alley” and subject to super cell storms as a result it provides ample work for roofing contractors. Everything from tornadoes and straight-line winds to hailstorms and falling trees damage roofs of homes and buildings. It is minutes from a major interstate, too. This makes it easy to travel to work sites. Additionally, it has a satellite office. This office reaches more affluent suburban clients of the neighboring state.
This company is ideal for a roofer looking to own a business or a construction company looking for an add-on acquisition. With a great location, an excellent reputation, and ample room to grow, this business won’t be on the market long!
Investment Considerations:
- Excellent Reputation
- Strong Brand Recognition
- Steady Growth
- Services the Tri-State Area
- In Midwest Storm Corridor
- Room to Expand Service Area
- Real Estate Available for Purchase
- Vehicles & Trailers Included in Sale
- Recession Resistant
Growth & Expansion Opportunities:
There is ample opportunity for a new owner to grow the business. These include:
- Increase Commercial Roofing Sales
- Expand into Other Markets
- Use Pay-Per-Click Advertising to Increase Revenue
- Market the Business
- Use Technology (e.g. drones, apps, etc.) to Help with Estimates
- Partner with Construction Companies, General Contractors and Realtors to Reach More Customers
- Offer Solar and Green Roofing Options
Financial Information:
Revenue | Cash Flow | |
2022 | $2,266,064 | $585,880 |
2021 | $1,976,763 | $295,224 |
2020 | $1,705,681 | $246,732 |
2019 | $1,793,923 | $395,857 |
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- Location : Southeastern Indiana
- Listing # : N2120