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

Cincinnati, OH
Hamilton County

Greater Cincinnati

Asking Price: Annual Revenue:
$490,000 $1,400,000

Services: Construction, Contractors

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RE: 40 Year Fence Company - $1,400,000 Sales Broker: Dan Long

Quick Facts

Asking Price: $490,000
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $255,000
Total Debt: Not Disclosed
FF&E: $192,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 6
BBN Listing #: 825716072
Broker Reference #: 11519del

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Business Overview:

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

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Property Features and Assets:

The building is 10,000 square feet which includes a showroom and is situated on 2 ½ acres. The exposure to passing traffic is exceptional which leads to good sales leads.

Market Competition and Expansion:

The company has established itself in the area with many repeat customers from their large database of commercial customers. Their residential customers very often come from word of mouth reputation.

Reason for Selling:

Seller is of retirement age.

Additional Details:

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

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