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
Number of Employees:
Building Sq. Ft.:
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.
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.
One of the owners is willing to stay on to assist the new owner through an agreed upon transition period.
Ad Detail Views:
Asking Price: $2,200,000 Gross Revenue: $2,632,875Cash Flow: Not DisclosedEBITDA: $321,112Inventory: $138,284 included in asking priceFF&E: $433,975 included in asking priceReal Estate: $1,200,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Truss Manufacturer Serving Northern CA and Central Valley for Sale
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