Successful Well Established Fence Company For Sale

Business description

COMPANY IS A WELL ESTABLISHED, WELL KNOW FENCING BUSINESS THAT MANUFACTURES, DISTRIBUTES, INSTALLS AND SERVICES ALL TYPES OF FENCES AND GATES. THE MAJORITY OF THEIR BUSINESS IS REPEAT AND REFERRAL. THE CURRENT OWNER DOES NOT GO OUT AND SEEK NEW BUSINESS NOR DOES HE HAVE A SALES STAFF. THIS IS AN EXCELLENT OPPORTUNITY FOR SOMEONE WHO WANTS A SUCCESSFUL ONGOING BUSINESS THAT STILL HAS ROOM TO BE GROWN. THE GENERAL MANAGER WILL STAY AND HIS SALARY HAS BEEN LEFT IN THE EXPENSES. THE BOOKS AND RECORDS OF THIS COMPANY ARE VERY CLEAN. THE OWNER, WHO IS RETIRING IS WILLING TO GIVE AN EXTENDED TRAINING PERIOD.

Property information

Lease terms:

THE CURRENT OWNER OWNS THE PROPERTY - HE WILL GIVE THE BUYER A VERY FAVORABLE LEASE WITH AN OPTION TO PURCHASE. THE FIGURES FOR LEASING THE PROPERTY ARE ALREADY IN THE NUMBERS.

Location:

10,000 SQUARE FOOT BUILDING ON 1.46 ACRES OF LAND ON A MAJOR VERY ACCEESSIBLE ROAD. BUILDING AND LAND WELL MAINTAINED

Other information

Expansion potential:

MANY OPPORTUNITIES AVAILABLE. THE OWNER HAS DONE NO ADVERTISING OR MARKETING IN YEARS. ALL BUSINESS IS REPEAT OR REFERRAL. GOOD OPPORTUNITY TO ADD SALES PEOPLE AND/OR ADD SERVICES AND PRODUCT -- HE HAD BEEN ASKED TO DO THIS BUT HAS BEEN HAPPY WITH THE BUSINESS AS IS.

Competition / Market:

WHILE THERE ARE OTHER FENCE COMPANIES IN THE AREA, MOST OF THEM ARE MUCH SMALLER AND HANDLE SMALLER JOBS. THE MAJORITY OF HIS "COMPITITION ACTUALLY BUYS THEIR MATERIAL FROM HIM

Support & training:

SELLER WILL GIVE EXTENSIVE TRAINING IF BUYER WISHES

Reasons for selling:

RETIREMENT

Trading hours:

8-5

Financing available:

BUSINESS HAS BEEN PREQUALIFIED BY THE SBA. ALL WORKING CAPITAL AND CLOSING COSTS HAVE BEEN INCLUDED IN THE LOAN. THE BUYER WILL NEED APPROXIMATELY $280,000 TO PUT DOWN. AT CLOSE HE WILL GET $250,000 BACK AS WORKING CAPITAL. GOOD DEAL ISN'T IT?

Furniture / Fixtures value:

$200,000

Inventory / Stock value:

$175,000 (included in the asking price)