MergerPlace

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

Cincinnati, Ohio (Hamilton)


  • Asking Price: $490,000
  • Gross Income: $1,400,000
  • Cash Flow: $208,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $192,000
  • Listing ID: #211651
  • Established: 1979
  • Employees: 6

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


Business Details

Primary Business Category: Contractors - Special Trade
Location: Ohio
Metropolitan Area: Cincinnati
County: Hamilton

Company Information

Year Established: 1979
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6

Financial Information

Asking Price: $490,000
Gross Revenue: $1,400,000
Cash Flow: $208,000
EBITDA: $208,000
FF&E: $192,000
Seller Financing Available: No

Property Information

Facilities:

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.

Growth & expansion opportunities:

Very little marketing has taken place in the history of this company. A buyer who is sales oriented could easily develop more sales and take this company to the next level.

Competition:

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:

The owner is of retirement age.

Support & Training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Contact Business Seller

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Business Listed By:

Dan Long

Cincinnati Business Brokers