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Commercial Roofing Business in Stamford, CT

Stamford, CT, US

Added 1 month ago

Commercial Roofing Services

Commercial roofing business in Stamford, CT with a repeat client base including hospitals, universities, and government agencies.

Asking

$6.7M

Revenue

$16.1M

Earnings

$1.9M

Multiple

3.5x

$3.2M in assets included, comprising $1.9M in working capital, $760K in equipment, and 16 vehicles.
Backlog for 2024 is $8.3M; work in progress totals $18M.
Business employs 51 people: 1 Controller, 1 HR Manager, 1 Superintendent, 2 Project Managers, 3 Estimators, 1 Accounting Assistant, and 42 Laborers.
Client base consists of hospitals, pharmaceuticals, military, universities, private schools, government agencies, and national retail; all business is referral or repeat.
Business operates from a 16,000 sq. ft. facility, including 4,000 sq. ft. of office space.
Owner is willing to carry up to 10% of the price and roll 5% equity, and has offered to stay for 1-2 years post-sale.

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Maintenance of Large Campus Roofs � Repeat Client Base - Business for Sale