Truss Manufacturer Serving Northern CA and Central Valley for Sale

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Business Description

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.

About the Business

Location:
California
Year Established:
1979
Number of Employees:
12
Real Estate:
Owned
Building Sq. Ft.:
15,672
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.
Market Outlook/
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.
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About the Sale

Reason For Selling:
The owners are retiring
Training/Support:
One of the owners is willing to stay on to assist the new owner through an agreed upon transition period.

Listing Info

ID:
1601797
Ad Detail Views:
0
Asking Price:
$2,200,000

Gross Revenue:
$2,632,875
Cash Flow:
 Not Disclosed
EBITDA:
$321,112
Inventory:
$138,284
included in asking price

FF&E:
$433,975
included in asking price

Real Estate:
$1,200,000
included in asking price

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Business Listed by

Jeffrey Potts

Gold Country Advisors

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U.S. Census Data for California
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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