Rain Gutter Supplier For N. CAL / Sold
This Regional Rain Gutter Supplier and metal fabrication company offers a wide range of gutter systems (copper, aluminum & painted steel) and replacement parts. Having served Northern California for 20+ years, the operation has a highly regarded customer service reputation with systems and processes in place to successfully handle orders from its long-term, diversified customer base (85% repeat) of mostly gutter & roofing contractors. Well-trained staff offer support for purchases of which 30% pick-up, 70% delivery offered to 15+ counties. They do not do installation.
Facilities & Equipment: Centrally Located, this prime location has ample parking and is easily accessible from multiple freeways. The 7800 sq ft warehouse includes staging area for customer pickup, racking for over 1600 product skus, a production area plus 3 offices and storage. Equipment includes 5 custom gutter machines, a slitter, downspout and elbow machines & rods, decoilers, a forklift, 2 vehicles for client deliveries, and items necessary for metal fabrication.
Competition: Some market consolidation has driven additional customer demand to this highly reputable supplier.
Growth & Expansion: Last 10 years showed consistently growing revenue stream (2%-20% annually). 2023 projection is likely going to be flat or a small increase. Growth opportunities include adding marketing & sales outreach (all referral based) to expand customer base, add metal fabrication offerings and streamline operations increase profitability.
Training, Transition & Support: The full-time working owner is Motivated and ready for retirement, seeking a buyer with experience in the gutter industry, construction, contracting or sheet metal production to carry on the excellent reputation. Owner will provide training and possibly stay on as consultant longer term to ensure a smooth transition, however, acquirer will need to assume or hire operator role and eventually replace a warehouse manager.
Financials (USD)
Asking Price $1,800,000
Cash Flow $700,000
Sales $4,700,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Available On Request
Principals only? Yes
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? No
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