29 Yr. Old Connecticut Residential Fence Business

Not Disclosed, CT

Asking Price: Annual Revenue:
$3,500,000 $6,575,844

Manufacturing: Wood, Stone, Concrete

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RE: 29 Yr. Old Connecticut Residential Fence Business Broker: Lenny Farber
Owner Financing is Available!
Possibly a small amount.

Quick Facts

Asking Price: $3,500,000
Annual Revenue: $6,575,844
Net Profit: $1,404,124
Cash Flow: $1,404,124
Total Debt: Not Disclosed
FF&E: $570,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 45
BBN Listing #: 685628441
Broker Reference #: Not Disclosed

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Business Overview:

Offered for sale is arguably the largest and most respected residential fence installation business in Connecticut. This well-established, immensely profitable business specializes in residential, commercial and municipal fence installation for some of the wealthiest zip codes in the US. The company’s prestigious reputation within the Tristate area has resulted in a strong foundation of recurring revenues with over 80% of sales revenue coming from referrals or repeat customers. Even with an extremely loyal following, this Company has only scratched the surface with regard to overall potential as there are numerous growth opportunities that can easily be implemented with minimal upfront costs.

With a solid track record that spans nearly three decades, this business has produced consistent cash flow since inception. The Business produced nearly $6.6MM in annual revenue in 2020, with over $1.4MM EBITDA, 46% Gross Profit Margins & 21% EBITDA Margins. Business is booming, despite the COVID pandemic, with revenue up over 25% vs. 2019. Furthermore, they are on pace for continued growth this year as they already have a large backlog and consistent demand from their customers.

This profitable operation would be a perfect fit for a strategic buyer already in the space, an investor seeking a large and growing service business, or simply someone with general business experience and an ambition to continue growing a successful business. The owner’s proven business model and standard operating procedures allow for a seamless transition. The seller is committed to a long and thorough training. With a strong track record and infrastructure, growing sales revenue, expanding profit margins and approximately $570,000 of FF&E and inventory included with the sale, this high quality acquisition opportunity offers a tremendous upside for overall ROI, and is positioned for continued growth moving forward.

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Property Features and Assets:

This business is operated from a 14,000 Square feet warehouse & office space with 2 Acres of outdoor yard space.

Market Competition and Expansion:

With minimal advertising and marketing, the Company has created a loyal customer following resulting in over 80% of revenues coming from referrals or past customers as the majority of projects come from previous referrals or existing relationships. Even with the proven success that the Company has seen since inception, there are still numerous growth opportunities that can easily be implemented moving forward.

Reason for Selling:

Seller is looking to focus on another unrelated business.

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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