Fort Worth Gutter Manufacturer-Installer for Sale 19930
Company is a 51-year-old well-established, home-based, quick turnaround fabricator and installer of seamless gutters serving residential customers primarily in Fort Worth and surrounding areas. Generally, the owner targets no more than a 30 minute drive from the current location covering East of Irving, South of Denton/Decatur, West of Weatherford and North of Burleson/Mansfield/Alvarado. The owner is 77 years old and began ramping sales down last year. This Fort Worth Gutter Manufacturer-Installer is an excellent opportunity for an aggressive new owner to double, triple or quadruple the size of the business.
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. (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 as well as repairing facia boards during installation. Services include repair and maintenance of existing gutter systems, too. The company is a high margin, profitable business with strong growth potential.
SOLD!! Contact us TODAY to Sell your Business
The founder started the business in 1970 as a home-based business. As the business grew, the owner expanded into the current shop at his home. The owner works approximately 15 hours per week. The owner feels that a hard-working buyer, dedicated to the company, can easily replace the current owner. He feels that major advantage over competitors is the seniority of the employees. The 2 workers are highly skilled & experienced, average approximately 16 years seniority and are paid via 1099 reported wages. The crew is professional and a major asset to the company.
The seller has used quality and reliable installation, customer service, word of mouth, and repeat/referral customers to build the business. The company receives repeat business and referrals from an estimated 20,000+ installed base of customers. Additionally, leads are generated from the company website. Customers are happy with the service and committed to using the company. 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. A new, energetic owner can further increase sales & profits in many ways.
How do I sell my Gutter Contracting Business?
The owner estimates that sales are approximately ~95% seamless gutters and ~5% leaf guards. The average job takes approximately 4-5 hours to install. The owner states that the customer base is 100% retail residential and is diversified with no customer concentration. The seller estimates that jobs are ROUGHLY located in ~90% Tarrant County and ~10% all other counties. The 77-year old seller began to prepare for retirement and began slowing sales.
The owner states that the company is well-positioned to grow and prosper due to many favorable conditions including a highly skilled and long-tenured workforce, stable history and favorable reputation, tremendous growth in the construction industry, and repeat/referral business from an existing customer base of approximately 20,000+ homeowners.
Facilities: The seller operates the business from his residence. He is willing to lease the business building for up to 3 months for $1,000/month while the new owner relocates to a new location. The tenant must be approved and qualified by the seller and will be subject to a mutually agreed lease with specified operating hours. The seller feels that the business can be operated from the buyer’s home or from a leased industrial approx. 800-1,000 SF space with secure parking for 2 trucks and 2 trailers.
Competition: The business attracts customers from the Dallas Fort Worth Metroplex and surrounding areas (but focuses on Fort Worth and surrounding area). The owner feels that the industry is very competitive. Most companies have 1 to 2 crews (2 to 6 employees). Despite the presence of competitors, the business has continued to thrive and can further grow with marketing and adding installation crews.
Growth & Expansion: The seller has used quality and reliable installation, customer service, word of mouth and repeat/referral customers to build the business. The company receives repeat business and referrals from an estimated 20,000+ installed base of customers. Additionally, leads are generated from the company website. A new, energetic owner can further increase sales & profits in many ways: 1) Full-time owner operation, 2) Follow-up on all current phone call leads, 3) Add signage to the trucks and trailer, 4) Call on roofers, builders and renovation contractors. Seller feels that many can be acquired if pursued, 5) Add an additional crew, 6) Use lawn signs on installations for drive-by traffic and neighbor referrals, 7) Consider adding a new crew to prepare for continued growth, 8) Consider adding complementary products such as underground drain systems, painting, windows, window screens, solar screens, shutters, vinyl siding, soffit, garage door repairs, Christmas light installation, 9) Offer gutter maintenance & cleanout service.
Support & Training: Seller will train buyer for 4 weeks included with the purchase price. Seller is willing to provide additional training or support at mutually agreed compensation for up to 3 months.
Reason for Selling: Retirement
All financing is to be personally guaranteed. Seller prefers to sell for ALL-CASH. The assets include inventory at cost of $20,000, Accounts Receivables valued at $00 and FFEV (Furniture, Fixtures, Equipment and Vehicles) valued at $45,000. The price will be adjusted for actual inventory, work in process (WIP) and accounts receivables as of the sale date.
NOTE: The sale of a business is confidential and discreet; PLEASE DO NOT VISIT THE BUSINESS OR SPEAK WITH ANY EMPLOYEES.
We know about many businesses that are for sale but might not be advertised. Check out www.adamnoble.com for more information and consider registering your criteria as a purchaser.
For information, reference Fort Worth Gutter Manufacturer-Installer for Sale 19930 and contact Jeff Adam, PE, MCBC, FRC, CBB at Adam Noble Group, LLC
Phone: (817) 467-2161
www.adamnoble.com
Are you looking for a buyer? Search other buyers at SEARCH OUR BUYERS, email or call us to discuss your opportunity. It may fit another active buyer’s search criteria. Thinking of selling: Contact us TODAY to Sell your Business
KEYWORDS: downspout gutter seamless garage door opener Guttergard electric trade plumbing heat AC conditioning welding special roof concrete water sewer drain excavation security steel wrecking demolition glass glazing tile floor carpentry gutter roofing paint swimming pool brick masonry sell my Fort Worth Gutter Manufacturer-Installer for sale
During 3 decades of M&A service, Jeff Adam has successfully completed the sale of over 825 businesses and advised or completed 1,000’s of business valuations and exit plans. An entrepreneur in his own right, Jeff has started and grown 12 companies in fields including international finance, B2B services, business valuation, construction, screen printing, Mergers & Acquisitions, engineering, and manufacturing. Jeff has donated his time as a distinguished speaker at numerous national & international conferences since 1977 covering topics such as environmental services, engineering, media, craft breweries, exit planning, business valuation, charitable giving, management, business brokerage and M&A fields.
Jeff is President of Adam Noble Group, LLC, a national M&A Advisory firm, professionally valuing and confidentially selling profitable businesses owned by exit-motivated business owners to qualified strategic, corporate, private equity, partners, management, and first-time buyers. Jeff establishes rapport, builds trust, and educates business owners in the steps to meet their goals as they prepare and achieve the discreet, confidential exit of their business. Jeff exclusively represents sellers of $1M-50M value enterprises and endeavors to transfer their businesses to qualified, capable acquirers who will build upon the seller’s vision, goals, culture, and history. Jeff maintains lifelong repeat and referral relationships with sellers, their acquirers, and service providers.
Adam Noble Group has multiple M&A and business broker specialties: Manufacturing, Defense Industry, Oilfield services, Construction trades, Craft Breweries, Partnership Buyouts, Manufacturing, Service, and Wholesale Distributors.
Our M&A advisors and business brokers are all multi-industry entrepreneurs who have successfully exited their own companies. Jeff has walked in your shoes! Jeff wants to put the BIGGEST CHECK of your life in your pocket! Please contact Jeff, and he will confidentially answer all your questions.
Our GUARANTEE: a 15-minute call could REALLY change your future!