MergerPlace

Seamless Gutter Co. in Richmond, VA

Virginia (Chesterfield)


  • Asking Price: $469,900
  • Gross Income: $947,556
  • Cash Flow: $168,626
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $65,000
  • Listing ID: #198421
  • Established: 2004
  • Employees: 7 FT/1 PT

Business Description

This well-established company specializes in seamless gutter installation and maintenance for residential and commercial properties. With about one third of the business tied to new construction, the company is well positioned to take advantage of the building boom in Central Virginia. Certified installer for patented gutter guard system. Multiple crews and service vehicles allow this company to service a 70 mile radius around Richmond. Full time employees are fully trained and certified in product installation and are laser-focused on customer service.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Virginia
County: Chesterfield

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 7 FT/1 PT

Financial Information

Asking Price: $469,900
Gross Revenue: $947,556
Cash Flow: $168,626
FF&E: $65,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

2800 sq. ft. facility includes about 600 sq. ft. of administrative office space, and a spacious warehouse to store equipment and prefabricate certain items.

Growth & expansion opportunities:

With a booming construction industry in Central Virginia, the commercial side of this business will continue to grow and the new owner will be able to build upon established relationships with builders. The residential side of the business continues to grow with an aging population and a strong interest to protect and increase home values.

Competition:

This continues to be a growing industry as homeowners invest in the protection of their property. With an aging population, fewer homeowners are able to service their own gutters and have come to rely on insured professionals. Similarly, commercial property owners seek to protect their investment with low-maintenance, reliable gutter systems. Local roofing companies provide similar services, but don't have the same level of expertise, especially with proprietary products like gutter guards.

Reason for selling:

Owner is pursuing other interests.

Support & Training:

Will train for 2 weeks @ no cost. Company is fully licensed and insured. Class B Contractor license.

Contact Business Seller

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Business Listed By:

Michael Metzger

Murphy Business Brokers