MergerPlace

Gutters, Windows and Siding Company

Virginia


  • Asking Price: $400,000
  • Gross Income: $779,815
  • Cash Flow: $114,317
  • Real Estate: Not Disclosed
  • Inventory: $18,000
  • FF&E: $50,774
  • Listing ID: #225900
  • Established: 1988
  • Employees: 5 FT/ 1 PT

Business Description

For over 30 years, this locally owned and operate company has provided quality service at affordable rates for Richmond homeowners. This company specializes in the installation of aluminum and copper gutters, windows, and vinyl siding, mostly for residential customers. Despite the pandemic, this company continues to see strong demand as the rising costs of new construction in Central Virginia has led many homeowners to stay put and upgrade their existing homes. With a reputation for excellence, this company is well positioned to service this booming market as the economy continues to recover from the pandemic.

This company did not shut down during the pandemic and did not take PPP funds to sustain operations. A particularly rainy 2020 pushed some jobs into 2021, but the owner projects another strong year.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Virginia

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT/ 1 PT

Financial Information

Asking Price: $400,000
Gross Revenue: $779,815
Cash Flow: $114,317
FF&E: $50,774
Inventory: $18,000
Seller Financing Available: No

Property Information

Facilities:

The company currently leases a 4600 SF warehouse facility conveniently located to service the Richmond and Central Virginia market.

Growth & expansion opportunities:

Growth has been limited only by capacity, and could be easily accelerated with the addition of more crews. The company has focused its efforts primarily within a 50 mile radius, but could easily be expanded to encompass adjoining regions.

Competition:

There is no shortage of gutter, window and siding contractors in Central Virginia, but there are very few with the experience and reputation of this locally-owned company. As the housing market continues to heat up, and more people relocate to the area from up north, the demand for high quality gutters, windows and siding will continue to increase.

Reason for selling:

Owner is retiring.

Support & Training:

Will train for 2 weeks @ $0 cost. ** CLASS A Contractor's License required **

Contact Business Seller

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Business Listed By:

Michael Metzger

Murphy Business Brokers