50 Year-Old Fence Manufacturing Company For Sale

Business Overview:

50 Year-Old Fence Manufacturing Company for Sale and Real Estate

This well-established manufacturer of iron fences, driveway gates, handrails and arbors is for sale because the owner is retiring. All of the products it sells are manufactured and installed by skilled craftsmen who are long-term company employees. The 11,000 sq. ft. manufacturing facility and the equipment, which are included in the purchase, are sufficient to accommodate a considerable increase in sales volume. This increase in sales volume can be accomplished with minimal impact on COGS thereby maintaining the very attractive Gross Profit percentage.

The seller is selling with the business a free-standing owner occupied 11,000 sq. ft. manufacturing facility. There is sufficient plant capacity to improve volume while minimally increasing labor costs

The equipment in the plant consists primarily of work tables, welding, cutting /bending and finishing equipment as well as hand tools. There are 2 Chevrolet 4500 'install trucks'; both well maintained, sufficient to support additional growth of the business.

This is a great business to purchase and scale while increasing profitability. Owner is willing to seller finance a small portion of the sale subject to seller's final approval.

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Property Features and Assets:

Facilities: This is a free-standing owner occupied 11,000 square feet manufacturing facility. There is sufficient plant capacity to improve volume while minimally increasing labor costs. FF&E Overview: FF&E consist primarily of work tables, welding, cutting /bending and finishing equipment as well as hand tools. There are 2 Chevrolet 4500 'install trucks'; both well maintained, sufficient to support additional growth of the business. FF&E General Condition: FF&E, as well as the buildings, are in very good condition. Dollar amounts reflected are Book Values, net of accumulated depreciation.

Market Competition and Expansion:

Competition: There are any number of companies in Central Alabama that sell and install fencing. However, none specialize in custom made iron products of the quality provided by this seller. With a long, unblemished reputation for providing a quality product and quality service at a reasonable price, the seller feels he has no peer in this market. Growth: The phone 'continues to ring' with opportunities to increase the volume of products sold, but for the past several years the seller has been very selective. Only those jobs with an attractive margin and minimal risk are being accepted. The opportunity to increase volume is still available, and can be realized without any increase in fixed costs. There is sufficient plant capacity to significantly increase output, with minimal increased labor cost.

Reason for Selling:

Owner Retirement.

Additional Details:

Documents:

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