Established Commercial Roofing Business, $8.3M Backlog, $18M WIP, 51-member Team, Priced at $6.65M, Specializes in Roofing and Solar Installation — [Location: City, State]
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Asking Price
$6,650,000
Detailed Information
Stamford, Connecticut, US
Not Provided
NA
Business Description
This commercial roofing business, established in 2024, already has impressive financials, with $8.3 million in backlog and $18 million in work in progress. Their client base is loyal, comprising hospitals, pharmaceutical companies, universities, and various government entities. The company's assets include $3.2 million in total, with $1.9 million in Working Capital, $760,000 worth of equipment, and a fleet of 16 vehicles. The team consists of 51 members across various roles. Priced at $6.65 million, this business is well-structured for a smooth transition. Operating from a 16,000 sq. ft. facility with 4,000 sq. ft. of office space, the company offers services in membrane roofing, metal roofing, sheet metal work, and solar installation and repairs. There is significant potential for growth in the solar sector, which could significantly boost revenues and profit margins. Most projects are completed within a year, and there