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20+ YEARS OF ROOFING SUCCESS. PROFITABLE BUSINESS WITH SKILLED TEAM IN PLACE
Internal Ref: BUY2383
Summary
The seller will stay on for as long as a buyer needs to sucure this investment, even though he has very little to do with the running of the business, with key staff and backup accross all sectors.
Revenue
$4,000,000 pa
Net Profit
$600,000 pa
Potential
This business has huge potential as the current owner plays a back seat role, and a new owner has the ability to step in and ramp things up quickly without needing to employ any more staff. They are very choosy with what work they take on, and they turn down a lot of smaller jobs, or lower margin jobs becasue they can. If you want to really propell this business and double and triple turnover and increase profit, the seller says this will be very easy to do, however he is ready to completely retire and let go of this cash machine.
Skills
Some Building Knowledge and licenses will be of benefit.
Reason for Sale
Retiring
About the Business
This business has been right at the top of the Roofing industry for many years, with around 15 guys day to day, and a fantastic dedicated GM and Foreman, who both know the business is for sale, and are keen to stay on with the new owners. The GM has kids and a mortgage and enjoys the stability this business brings, so unless you want to get rid of him, he won't be going anywhere and happy to sign a contract.
The business focusses on Re-Roofs, New Roofs for commercial Buildings, and quality metal Fecades. The are known for thier meticulous attention to detail, and the GM and his Formen make the day to day decisions, and the seller only occasionally jumps in to help out doing the odd Quote. The GM and Forman relay any issues back to the owner directly just keeping him abreast of where things are at, so the owner has plenty of time to travel and enjoy the fruits of the business. The seller has been on multiple international trips in the past year, so if this is the lifestyle you are after, this business will fund you fun and your future.
This business has continued to turnover around $4,000,000 almost every year, and did over $6,000,000 turnover a few years ago due to some larger projects. Without pushing the business, you can expect the turnover to be stable at around $4,000,000 per year and profits ranging from $500k to $800k depending on margins.
The seller will stay on to train and see that the business continues to thrive, and will consider a part payment style of transaction which gives the seller strict incentive to stay on with the buyer to secure the investment, and not just take the money and run.
This business has made the seller incredibly wealthy, never has to work ever again, and he is only in his early fifties.
The seller backs his business to continue to be the leader in the industry, as he beleives you will when you see the numbers, so enquire today to secure this investment for yourself.
History
20 years + From the Gold Coast To Brisbane
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