Roofing and Exterior Services Company

Business Description

Founded in 2010, this established Colorado-based business specializes in roofing, siding, gutters, and interior/exterior painting. Additionally, the company offers window and fencing installation as part of its comprehensive storm damage restoration services.

The client base consists of 98% residential customers and 2% light commercial clients, including churches and townhouse complexes. The business primarily operates on an insurance-funded model, with 95% of payments coming through insurance claims.This company maintains low overhead costs as it does not keep an inventory or warehouse. Instead, it relies on suppliers to deliver products as needed, and the owner manages the business from a home office.

A subcontractor-based model is utilized, with all work performed by 1099 subcontracted crews. The business also employs another 1099 worker who manages sales and oversees daily operations. This key team member intends to remain with the business post-sale, ensuring continuity in client relationships and operations.

A new owner may need to complete licensing exams depending on the location of operations. To facilitate a smooth transition, the current owner is willing to stay involved for the necessary period to help the buyer meet licensing requirements.

This listing requires seller approval for the CIM. We appreciate your patience as we receive approval and we will send you the CIM as soon as possible.

 

2022 2023 2024
Revenue $1,605,224 $1,765,664 $2,523,735
SDE $321,327 $265,597 $652,890

 

Financial

Asking Price: $1,100,000

Revenue: $1,964,874 (2022-2024 Avg)

Income: $413,271 (2022-2024 Avg)

Multiple: 2.6x

The listing is either pending or closed so the NDA cannot be signed