50-Year-Old Commercial Roof Contracting Business -CONTRACT PENDING

This is a unique opportunity to acquire a 50-year-old Commercial Roofing business. It is a turnkey business operating in an attractive South Florida market. This Commercial Roofing Contractor specializes in Single Ply Membrane roofing.

The business has long tenured relationships with the major General Contractors in South Florida. The vast majority of the Company work is with Public Entities in Palm Beach, Broward and Miami-Dade counties; Target, Walmart, Banks, School Boards of the Tri-County area and Local Municipalities, Shopping Centers and Large Warehouse Developers.

Their facility is located in West Palm Beach in a 3,000 sq. ft. office building with additional 3,600 sq. ft. of warehouse space in a separate building on one acre fenced lot with easy access to the major highways. Very scalable by adding service contracts once offered and hiring a dedicated salesperson to the staff.

The company was challenged between 2020 and 2022 due to supply chain/logistics issues and unable to secure large quantities of materials for big jobs. The company has recovered from this issue since their last fiscal year (September 1 through August 31, 2022)

One partner is looking to retire while the other would stay on with an employment agreement post-closing for six months and up to one year. Several million dollars of contracted WIP/Backlog.

Sellers own the property and will execute a lease with favorable terms. Buyer has the first right of refusal to acquire the land and buildings.

If interested in this Commercial Roofing Business for sale in West Palm Beach, give us a call!

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