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Commercial Roofing, Sheet Metal Fabrication, and Masonry Restoration Company

Off-Market

South Bend, IN

Commercial Roofing, Sheet Metal Fabrication, And Masonry Restoration

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Revenue

$7,000,000

Earnings (SDE)

$1,000,000

Margin

14.3%

Year Established

1924

Listed

30+ Days

Customers

The company operates three main divisions: commercial roofing, sheet metal fabrication, and restoration masonry. In roofing and sheet metal, the company fabricates and installs products, and also fabricates for other roofing companies. Masonry restoration services include cleaning, brick replacement, steel lintels, duct pointing, caulking, and waterproofing. The company serves lower Michigan and middle Indiana.

Customer Acquisition

Much of the masonry work comes through public bidding and government contracts.

Team

The company typically employs 60 to 70 people.

Owner's Role

The owner oversees all divisions, including roofing and masonry project managers, estimators, and their assistants. He fills the GM role and focuses on controlling quality, bidding strategy, and profit margins.

Reason for Selling

The owner is looking to retire.

Contracts

No

Real Estate

The company owns approximately 4–5 acres of property and includes 36,000 square feet of heated office, warehouse, and sheet metal shop space, plus approximately 10,000 square feet in open sheds. The property is owned personally and leased to the company at $5,000 per month, appraised at slightly over $2 million, which the owner is willing to sell with the business. The company has 37 trucks and invests heavily in new equipment, purchasing $100,000 to $200,000 annually for the past 25 years.

When Are You Looking to Sell

ASAP

Licenses Required

No

Business ID: 1740

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