Dallas Gutter Manufacturing and Installation Business for Sale 19809 – SBA Prequalified !
Company is a 30+ year old well-established fabricator and installer of seamless gutters serving residential customers, builders and roofers, primarily in Dallas and surrounding areas. Rain gutters and downspouts protect buildings, foundations and landscaping from water damage. Seamless aluminum gutters make up the vast majority of the market. The company primarily installs 5” and 6” aluminum K-style gutters plus highly profitable half-round gutters. (5” K-style gutters are the typical standard gutter found on a home; 6” are usually installed on larger roofs.) The company also installs leaf guards and performs repairs and maintenance of existing gutter systems. The company is a profitable business with strong growth potential. Current backlog is approximately 1-2 weeks. The seller states that the business has excellent matching books & records and that the seller can prove all sales, expenses and income. The owner works approximately 20-30 hours per week and feels that a major advantage over competitors is the seniority of the employees. The 2 lead employees average approximately 16+ years seniority. The 2 crews, are professional and are a major asset to the company. Customers are happy with the service and committed to using the company. The owner can be replaced by a hard-working owner who is dedicated to the company. The company does no outside advertising other than signage on their trucks/trailers and the company website. The company receives repeat business and referrals from an estimated 50+ contractors and 15,000+ estimated installed base of customers. The owner feels that the business could grow faster by adding a salesperson calling on builders and contractors. Warranty service calls are rare due to their industry-superior installation methods and, in fact, the company has had many repeat and referral customers for 25+ years.
The owner estimates that seamless gutters are 95% of sales and leaf guards 5%. The average job takes approximately 3-5 hours to install and is approximately $950-1,000 +/-. The owner estimates that, historically, the customer base is 20-30% roofers, 15-30% home builders/remodelers and 40-65% retail residential. For instance, roofers will generate more jobs during hailstorm years. The number of customers varies per year and was ~350 with approximately 700 jobs. The customer base is diversified with the largest customer (roofer) estimated at 10% of total sales (varies by year) and the top 10 customers typically generating approximately 30% of total sales. The seller estimates that jobs are ROUGHLY located ~95% Dallas County and ~5% all other counties.
The asking price for the assets of the business is $500,000 ALL-CASH (with up to 10% Seller Financing if required by Bank lender) or $750,000 with $250,000 down at closing and $500,000 seller financing (5 years at 8% interest with approximate monthly payments of $10,138.20 to a purchaser qualified/approved by the seller). All financing is to be personally guaranteed. Seller prefers to sell for ALL-CASH. The assets include inventory at cost of $15,000, Accounts Receivables valued at $50,000 and FFEV (Furniture, Fixtures, Equipment and Vehicles) valued at $60,000. The price will be adjusted for actual inventory, work in process (WIP) and accounts receivables as of the sale date.
For information, contact us and reference Dallas Gutter Manufacturing and Installation Business for Sale 19809
Contact Jeff Adam, PE, MCBC, FRC, CBB at Adam Noble Group, LLC
Phone: (817) 467-2161
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