Highly Profitable Roofing Specialist in West Los Angeles

Price: $1,360,000
Location: Los Angeles, CA
Listing ID: LA0407
Listing Status: New

Highly profitable and highly respected Roofing Specialist in West Los Angeles. In business for over 30 years, this company specializes in providing various types of roofing installations, roofing repairs and offers roofing maintenance plans. Property types range from Commercial to Apartment Buildings to high-end single-family homes. Most of the single-family homes are high end and owned by high-net-worth individuals to celebrities in various prime West Los Angeles communities such as Pacific Palisades, Beverly Hills, Malibu, Brentwood and Santa Monica to name a few. The company services all roof types and keeps current with the latest trends and technologies being used in the Roofing Industry. This company has a stellar reputation in the industry and deals with clients directly and works with some of the top GC’s in the area as their go to roofing specialist. The history of properties that this company has worked on over the years in very impressive.
Revenue over the last several years has ranged from $1.4M - $1.7M and the last fiscal year ending June 2021 finished at $1.6M even with all the issues around Covid, permit delays and supply chain issues. Cash flow has averaged $360K - $490K. There is also a healthy pipeline of work or work in progress under contract. The current pipeline of jobs is very healthy and includes more commercial jobs at higher margins. The asking price includes a large amount of furniture, fixtures and equipment plus vehicles. 12 trained employees including several supervisors are in place. Current owner oversees the business as a manager. Seller will provide long term training as necessary as well as seller finance for a qualified buyer with a significant down payment. Buyer will need to qualify for a C-39 Contractor’s Roofing License. The business can also be relocated anywhere in the greater Los Angeles area. SBA finance is available for a qualified buyer with industry experience and seller will consider seller finance with a significant down payment for a qualified buyer.
According to industry stats, Los Angeles is considered the second largest construction market in the U.S. Residential and commercial property owners are expected to invest heavily in improvements. Industry experts expect the market to remain strong and stable into the future for several reasons including the fact the most homeowners are remodeling their existing home rather than moving due to the shortage of inventory as well as other factors. Commercial property owners and apartment building owners are also trending towards improving their properties to compete with other properties and maintain their properties for long-term ownership. This is a unique opportunity to purchase a 30 + year old roofing company with a stellar reputation, servicing a prime area in West LA with room for growth and a healthy pipeline of contracts in place.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Matt Coletta at info@mabusinessadvisors.com or call ( 818) 991-9621 to receive a confidentiality agreement and to learn more about this opportunity.

Cash Flow: $400,000
Inventory Included: Yes
Year Established: 1987
Employees: 12
Relocatable: Yes
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Matt Coletta
Matt Coletta
Business Brokerage | Mergers & Acquisitions | Business Broker | Business Advisor | Valuation | Selling a Business | Southern California | Northern California | Northern Nevada | Southern Nevada | Los Angeles Business Broker | Ventura Business Broker | Orange County Business Broker | San Diego Business Broker | San Francisco Business Broker | Marin Business Broker | San Jose Business Broker | Palo Alto Business Broker | Sacramento Business Broker | Roseville Business Broker | Reno Business Broker | Sparks Business Broker | Las Vegas Business Broker | Business Brokers Irvine

M&A Business Advisors represents sellers and buyers of privately owned businesses in a wide range of industries in California and Nevada. Our services include Selling a Business, Buying a Business, Mergers & Acquisitions, Business Sales and Acquisitions, Valuations, Opinion of Value, SBA Finance and Business Consulting. Sell your Business, Buy a Business, How do I determine the Value of a Business, How do I Sell my Business Confidentially, What is a Safe Way to Sell my Business, How long does it take to Sell a Business, How do I Sell a Business in California, How do I Sell a Business in Nevada, Search Businesses for sale. We represent Sellers and Buyers in Southern California, Los Angeles County, Orange County, Ventura County, Santa Barbara County, Kern County, San Bernardino County, Riverside County, San Diego County, Los Angeles, Torrance, Gardena, South Bay, San Fernando Valley, San Gabriel, Upland, Woodland Hills, Chatsworth, North Hollywood, Van Nuys, Burbank, Glendale, Pasadena, Santa Clarita, Palmdale, Thousand Oaks, Ventura, Camarillo, Anaheim, Irvine, Santa Ana, Huntington Beach, Newport Beach, Fullerton, Laguna Beach, Aliso Viejo, Rancho Santa Margarita, Orange, Costa Mesa, Brea, Loa Alamitos, Mission Viejo, Fountain valley, San Clemente, Northern California, San Jose, San Francisco, Oakland, San Ramon, Napa, Sacramento, Nevada, Northern Nevada, Southern Nevada, Reno, Carson City, Tahoe, Las Vegas.