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This well-known roofing company provides retrofit, repair, and replacement for all types of flat roofs in Central Florida. The company enjoys growing revenues, significantly growing operating margins and a documented, consistent cash flow/ profitability. The seller’s 14,000 SF facility provides a strong base of operations for all aspects of the business.
Being one of the longest established roofing companies in Florida, this contractor enjoys a strong competitive advantage for being one of only very few flat roofing providers with a specialty niche application. The company fully owns all of its equipment enabling a consistent timely and reliable service implementation, supported by a 12-hour active customer service line.
Additional growth can be obtained by expanding the direct sales force with a roofing estimator and a Spanish-speaking roofing team to exploit the shingles roof market segment.
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.2x EBITDA (ttm). A full valuation report is included in the prospectus. There is $125k in Net Working Capital plus another $265k in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to a buyer’s financials, and by implementing the proposed deal structure an owner-operator will obtain over $350,000 cash flow (after acquisition-debt) in the first year.
A comfortable transition will be provided by the current owner who truly wants to see the business continue to flourish, and a consulting agreement to support a new owner will be strongly considered thereafter.
A very well trained and highly qualified operational team will stay in place to support the new owner in all aspects of the business, allowing the new owner to immediately focus on a strategic expansion of the business.
(ALL DATA BASED ON SIGNED TAX RETURNS)
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