SE WI - Gutter Sales and Installation

Not Disclosed, WI


Asking Price: Annual Revenue:
$299,000 $564,267

Services: Construction, Contractors


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RE: SE WI - Gutter Sales and Installation Broker: Patrick McAdams

Quick Facts

Asking Price: $299,000
Annual Revenue: $564,267
Net Profit: Not Disclosed
Cash Flow: $166,090
Total Debt: Not Disclosed
FF&E: $44,200
Real Estate: Not Disclosed
Year Established: 2006
Employees: 4
BBN Listing #: 13624955
Broker Reference #: 4102-15986

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Business Overview:

Are you looking to be an owner operator of a business? Want to take off to Florida, Arizona, or somewhere else sunny from November to February? Well, this is your dream business. For a minimal down payment (which you could fund thru your 401k, IRA, or other retirement account), you can pay yourself $75,000/year, pay debt service on the business ($40,000/year) and still net another $50,000/year (total SDE of $125,000). If you put more down, your annual debt service will be less.

This solid company was founded in 2006 and then sold to the current owners in late 2015. The original owner started the company to compliment another company he owned. But he didn't commit to running it. The current owners (a husband and wife team) have turned it into a full-time business that supports itself. The company has seen revenue growth each year since 2015. Profitability is very good. The husband does all of the sales, estimating, and installation scheduling and has a crew of 3-4 people that handle installation and repair work. The wife does some office and administrative work.

The husband works the most in the business, he spends around 50 hours a week Mid February - Mid November. His wife spends about 10 hours a week performing administrative work. The owners go out of state for the winter, from mid-November thru mid-February. Between the two of them, they work 5 hours a week in the winter months. One of the installers will visit customers during the winter months to help with quoting work for the coming year. This business offers a very flexible lifestyle.

Booked Business -

Any business that has been booked but not installed will transfer to the new owners.

Lender Approved -

A lender has pre-qualified this for the right buyer (with industry experience or with sales, customer service, and business management experience) with a minimum 10% down payment. If you are the owner of an existing contracting business, have good cash flow and equity in your company, you may be able to qualify to buy this business for no money down. Contact the listing broker for details.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The business is run from the owner's home. They rent a secure outdoor storage area to store the trailers, tools, inventory, and vehicles for the business. The lease is on a month-to-month lease that is expired. A new owner can negotiate a new lease or move the business to a location of their choosing. Assets= $54,200

Market Competition and Expansion:

The company currently only has one sales person (one of the owners) and a crew of 4 installers. They are typically have business booked out 8-12 weeks. A new owner could hire a sales person and a few more installers to grow the business. The company drives much of it's business from Google PPC campaigns, but only spends a flat dollar amount each month. Typically the budget is spent by the 2nd week of each month. Increasing this budget along with a larger installation crew can lead to more revenue and profits. Forging new relationships with other roofing and siding contractors can lead to more referral business. Gutter Guards are a growing product line for the business. It is an add-on product that adds a small fraction of cost to the client, but is highly profitable for the business. Since they are onsite doing the gutter installation, it only adds a small amount of labor to the total installation. Their gutter guards are of a higher quality, easier to install, and are a fraction of the cost of some of the large players in the industry. This has been a key to increased profitability for the business. It is an area the new owners can capitalize on. Another service that could be a potential for growth is "Drop-Off" services. Some contractors (both commercial and residential) will ask them to make gutters and then drop them off at a location for the contractor to install. Some contractors will also hire them to come onsite and make the gutters for them to spec. This is a low cost, high margin part of the business that could grow.

Reason for Selling:

Owners are retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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