Gutter Manufacturing and Installation Business
Company is a 48 year old well-established, highly rated fabricator and installer of seamless gutters serving residential customers, builders and roofers, primarily in Fort Worth, Dallas and surrounding areas. Rain gutters and downspouts protect buildings, foundations and landscaping from water damage. Seamless aluminum gutters make up most 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.
SOLD !! We can sell YOUR Gutter Manufacturing and Installation Business, too!
The company is a profitable business with strong growth potential. The business has a LONG history of sales and profitability. Due to a nationwide material shortage, backlog is approximately 11 weeks (estimated at $60k and 60-80 presold jobs). 2021 sales were down by ~50% due to a combination of labor and material shortage (plus the weather effects of February Texas “Snowmageddon” and rain season). 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 20-25 hours per week and feels that a major advantage over competitors is the seniority of the employees. The 2 lead employees average approximately 26+ years seniority, are provided healthcare/401k and are paid via W2 reported wages. The 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.
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The company receives repeat business and referrals from an estimated 50+ contractors and 20,000+ estimated installed base of customers. Additionally, leads are generated from signage on their trucks and the company website. The owner feels that the business could grow faster by adding a salesperson calling on builders and contractors.
The owner estimates that seamless gutters are 90-95% of sales and leaf guards 5-10%. The typical job takes approximately 2-3 hours to install and is approximately $900-1,000 +/-. The owner estimates that the 2021 customer base was approximately 21% roofers, 12% home builders/remodelers and 67% retail residential. The mix varies; for instance, roofers will generate more jobs during hailstorm years. The number of customers varies per year and was ~330 in 2020 with approximately 466 jobs. The customer base is diversified with the largest customer (roofer) estimated at 13.1% of total sales (varies by year) and the top 10 customers typically generating approximately 31.7% of total sales. The seller estimates that jobs are ROUGHLY located ~70% Tarrant County and ~30% all other counties.
NOTE: The sale of a business is confidential and discreet; PLEASE DO NOT VISIT THE BUSINESS OR SPEAK WITH ANY EMPLOYEES.
For information, contact us and reference Fort Worth Gutter Business for Sale 19972
Contact Jeff Adam, PE, MCBC, FRC, CBB at Adam Noble Group, LLC
Phone: (817) 467-2161
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