Truss Manufacturer Serving Northern CA and Central Valley for Sale

CA

Truss Manufacturer Serving Northern CA and Central Valley for Sale
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Asking Price: $2,200,000

Cash Flow: N/A

Gross Revenue: $2,632,875

EBITDA: $321,112

FF&E: $433,975

Inventory: $138,284

Real Estate: $1,200,000

Established: 1979

Truss Manufacturer Serving Northern CA and Central Valley for Sale

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Business Description

Profitable Fast Growing Truss Company For Sale in CA

For more than 40 years, this Company has been a “go-to” provider of quality wood trusses for custom home builders and commercial developers throughout Northern California and the Central Valley. The Company’s strong reputation among builders, coupled with a recent surge in demand for custom trusses, is fueling growth of this niche contractor and manufacturer.

The business, which has seen revenue growth of 17% per year for the past two years, draws from a deep bench of custom builders in the San Francisco Bay Area, Napa Valley, and greater Sacramento Valley regions who have come to rely on the Company for its accurately engineered truss work for many years. With the housing inventory in short supply in California, this Company is nicely- positioned for future growth. The business is located in the Central Valley, where it enjoys the benefits of lower real estate costs and trade wages yet is within a few miles of the major north/south trucking arteries.
The Company's two longtime business partners are selling the business to retire. They are seeking an asset sale of the business to a qualified buyer.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
15,672
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company operates on a three-acre parcel within an industrial business park. There are five primary structures on the property – three fabrication buildings, a maintenance building, and an office building – that comprise a total of 15,672 square-feet. The owners have invested in equipment over many years. The Company is well-equipped with significant production equipment, vehicles, and other assets required for truss production and delivery.
Competition:
While this Company faces competition, its well established reputation for custom truss quality puts it in a competitive advantage versus many others when bidding for jobs. This Company places good engineering, quality construction, and on-time delivery and service at a premium.
Growth & Expansion:
California’s building industry, in general, has been unable to keep up with the state’s housing demand in California. Moreover, the state's housing crisis has been exacerbated by the recent spate of destructive wildfires. This plant, which has room for expansion at the current site, offers a strong platform for future growth.
Support & Training:
One of the owners is willing to stay on to assist the new owner through an agreed upon transition period.
Reason for Selling:
The owners are retiring
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Jeffrey Potts

Business Listed By:
Jeffrey Potts

Gold Country Advisors

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