Lucrative Roofing business with an 80-year legacy of success! Pending Sale
Lincoln, NE

Imagine owning a roofing company near Lincoln, NE with a legacy spanning over 80 years and a stellar reputation for excellence. This is a rare opportunity to acquire a business with significant revenue and profitability, meticulously built over decades of hard work and dedication. In 2022, a hail storm presented a surge in business, catapulting the company's seller’s discretionary earnings to $3.77 million in 2023 and $2.48 million in 2022.  The year 2021 saw more typical earnings of $1.1 million, however the occasional large hail event occurs once or twice a decade. 

With approximately 20% of the business focused on commercial roofing, handled in-house by a skilled team of five W2 employees, and 80% dedicated to residential projects managed by trusted subcontractors, this opportunity offers a diverse portfolio. Ideal for a smaller roofing company seeking expansion or a new owner-operator, this acquisition provides access to a well-established brand, loyal clientele, and a proven track record of success. Transitioning to an absentee-run model is also viable, with the potential to establish new management for seamless operations.  The current owners are retiring but are willing to stay on for a time to ensure a smooth transition.  Don't miss out on the chance to take the reins of this thriving roofing business and capitalize on its longevity, reputation, and profitability. Pending Sale

Listing Number:

23039

Category:

Construction,Miscellaneous,Service

Location:

Lincoln, NE
$4,900,000

Financial Information:

Gross Revenue:

$12,446,303

Listed Price:

$4,900,000

Down Payment:

$0

Total Income:

$2,853,672

Year Established:

1941

Lease Information:

Square Feet:

0

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$661,733

Inventory:

$8,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

9

Part-Time Employees:

0

Special Licence Required:

No

Contract Staff:

0

Training Period:

3 weeks

Reason for Selling:

Retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Amanda 'AJ' Kohler
Office: | Cell: (402) 230-7003
License #:

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Lucrative Roofing business with an 80-year legacy of success! Pending Sale
Lincoln, NE

Listing Number:

23039

Category:

Construction,Miscellaneous,Service

Location:

Lincoln, NE

Listed Price:

$4,900,000
brokerPhoto
Amanda 'AJ' Kohler
Office: | Cell: (402) 230-7003
License #:
Imagine owning a roofing company near Lincoln, NE with a legacy spanning over 80 years and a stellar reputation for excellence. This is a rare opportunity to acquire a business with significant revenue and profitability, meticulously built over decades of hard work and dedication. In 2022, a hail storm presented a surge in business, catapulting the company's seller’s discretionary earnings to $3.77 million in 2023 and $2.48 million in 2022.  The year 2021 saw more typical earnings of $1.1 million, however the occasional large hail event occurs once or twice a decade. 

With approximately 20% of the business focused on commercial roofing, handled in-house by a skilled team of five W2 employees, and 80% dedicated to residential projects managed by trusted subcontractors, this opportunity offers a diverse portfolio. Ideal for a smaller roofing company seeking expansion or a new owner-operator, this acquisition provides access to a well-established brand, loyal clientele, and a proven track record of success. Transitioning to an absentee-run model is also viable, with the potential to establish new management for seamless operations.  The current owners are retiring but are willing to stay on for a time to ensure a smooth transition.  Don't miss out on the chance to take the reins of this thriving roofing business and capitalize on its longevity, reputation, and profitability. Pending Sale

Financial Information

Gross Revenue:

$12,446,303

Listed Price:

$4,900,000

Down Payment:

$0

Total Income:

$2,853,672

Year Established:

1941

Lease Information

Square Feet:

0

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$661,733

Inventory:

$8,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

9

Part-Time Employees:

0

Special License Required:

No

Contract Staff:

0

Training Period:

3 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.