Gutter Manufacturing and Installation Business SOLD
Company is a 13 year old well-established installer of custom seamless gutters serving the roofing, retail market, new construction, remodeling and storm damage areas primarily in the Dallas Fort Worth Metroplex and all surrounding counties. 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 half round gutters and rounded down spouts. Services include repair and maintenance of existing gutter systems, too. The company is highly profitable business with strong growth potential. Year-to-date sales are 12% ahead of prior year !!
SOLD !! We can sell YOUR business too !!
“Thank you once again for your outstanding effort and attention to detail throughout the entire sales process of our business. The skill and innovation you have mastered through years of experience in working with business buyers and sellers allowed us to remain focused on running our business while you took care of selling our business! You handled everything in a highly professional manner, answered all of our questions, acted honestly and discreetly and frankly exceeded all of our expectations. We do appreciate the personal service you provided during the sale and the follow up afterwards to make sure the transition to the buyer continued smoothly well after the closing. We highly recommend your services to anyone considering buying or selling a business.”
Russell Bland, Blue Ribbon Rain Gutter, LLC
Sales were $1,810,000 with approximate cash flow to an owner-operator of $607,000+. The owner manages the business and does not install or estimate jobs.
The founder started the business in 2006 as a home-based business. As the business grew, the owner expanded into a 1,600 shop/office and ultimately into the current 4,000 SF facility. The owner feels that a major advantage over competitors is the seniority of workers. The workers are highly skilled/experienced and average approximately 6 years seniority. The 4 crews are professional and a major asset to the company. The customers are happy with the service and committed to using the company. The owner feels that a hard-working owner, dedicated to the company, can easily replace the current owner.
The owner estimates that sales are approximately ~80% seamless gutters, ~10% leaf guards, ~8% gutter service/repairs and 2% specialty half round gutters. The average job takes approximately 2 hours to install. The owner estimates that the customer base is 50-60% roofers, 20-30% retail residential, 10% home builders/remodelers. The customer base is diversified with the largest customer (roofer) estimated at 22% of total sales and the top 10 customers generating approximately 57% of total 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 work force, a stable history and favorable reputation, excellent referral sources from area contractors, tremendous growth in the construction industry and repeat business from an existing customer base of approximately 20,000+ homeowners.
The seller PREFERS to sell for ALL CASH. The assets include inventory at cost of $10,000, Accounts Receivables valued at $100,000 and FFEV (Furniture, Fixtures, Equipment and Vehicles) valued at $125,000. 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.
For information, contact us and reference Gutter Manufacturing and Installation Business for Sale 19910
Contact Jeff Adam, PE, MCBC, FRC, CBB at Adam Noble Group, LLC
Phone: (817) 467-2161
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