40 Year Fence Company - $1,400,000 Sales

40 Year Fence Company - $1,400,000 Sales Location: Greater Cincinnati
Listing Number: 11519del

Financial Information

Asking Price: $490,000
Gross Revenues: $1,403,000
Cash Flow: $255,000
Real Estate: Leased

Business Description

 

 

This is an independent company operated by the original retirement aged owner whose goal is to sell to a buyer who will maintain the great reputation that has been developed through the years. Sales have continuously grown a total of 25% over the past 3 years.  The company is situated in a 10,000 square foot building on 2 ½ acres which includes a showroom.   Fence installation includes custom built cedar fences, vinyl privacy and picket fences, ornamental iron and aluminum fences, chain link and Kentucky board fences, split rail fences, arbors, privacy slats, and electric gates. The business is offered as an asset purchase, free and clear of debt.  The owner will train in all aspects of the business and will be available to ensure a smooth transition.  Highlights include:

SBA loan qualified

Long term employees

No account receivable issues

Uses industry quoting software

92 commercial customers in 2018

Commercial and residential customers

No one commercial customer exceeds 5% of sales

Clean books and records – all numbers are verifiable

Much growth is achievable as very little marketing has taken place

Price includes all equipment including 4 vehicles totaling over $190,000