Commercial & Residential Roofing Contractor Opportunity Available in E. Iowa
Non-Disclosure & Confidentiality Agreement Link
- Location: Eastern Iowa
- Established: 1970
Historical Financial Summary
- 2021-2023 Weighted Average Sales = $2,384,000 Annually
- 2021-2023 Weighted Average Annual Adjusted EBITDA = $304,000 Annually
Minimum Business Asking Price: $1.2MM
- Includes approximately $200K in Inventory
- Includes approximately $750K in FF&E
Commercial Real Estate*:
- *Not included in the business asking price
- Seller will provide Buyer a long-term lease with the option to acquire, terms to be determined.
Business Summary
Local, family-owned commercial and residential roofing contracting business offering services such as roof replacement, new roof installation, repair, cleaning and reroofing. They specialize in low-slope and steep-slope roofing for both commercial and residential. The Business employees perform all roofing work and is not subcontracted out.
Staffing
- 2 Full-Time Officers
- 1 Full-Time Estimator
- 3 Hourly Office/Shop Staff
- 11 Full-Time Labor Crew
Facilities
- 23,000 sq. ft. office, shop, and warehouse space in 2 buildings on approximately 3 acres.
- Approximately 30 parking spaces.
Support & Training
The seller is willing to provide training for new owner.
Reason for Selling
Retirement.
Please complete the NDA at this link here to receive the full Confidential Information Memorandum.
CIM 1.0 includes:
- Historical Financial Details/Recasting
- Location & Facility Information
- Customer Concentration Information
- Website Information
- Inventory Information
- Equipment Information
- Next Steps
Seller is advised by Marigold Resources in Davenport, Iowa and Seller pays Marigold's fee.
Please contact Marigold Resources at (563) 424-5707
Chris Barnard - Managing Partner cbarnard@marigoldresources.com
Todd McGreevy - Managing Partner todd@marigoldresources.com
DISCLAIMER: All information contained in this document has been provided by the subject company to Marigold Resources and while believed to be correct has not been verified. Accordingly, Marigold Resources makes no representations or warranties as to accuracy and truthfulness of such information. The recipient hereof acknowledges that Marigold Resources shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Marigold Resources of this document. Marigold Resources’ fee is paid by the Seller.