Listing ID: 82950

Business Overview

This fence instalation and light construction company was established in 1963 with the Lafayette business serving the area since 1986! Seller is ready to retire and turn the operation over to new ownership. Turn-key business includes the equipment, website, and presumably continued use of subcontractor team.

Company does wood privacy fencing, aluminum fencing, farm fencing, architectural fencing. Sale includes equipment, posthole diggers, compressors, 2 trailers, GMC crew cab pickup truck, website, and business phone number. Great opportunity for someone in the business or in pool, light construction, landscaping, roofing,
etc. to add to their client base and take advantage of labor and advertising synergies. Office and shop with fenced storage available for purchase or lease at only $70,000 for approx. 800 sq ft building and lot with business purchase or rent at $650/month should real estate be needed. See the company website and contact us to make an appointment to speak with the seller.

Financial

  • Asking Price: $100,000
  • Cash Flow: N/A
  • Gross Revenue: $275,000
  • EBITDA: N/A
  • FF&E: $20,000
  • Inventory: $1,000
  • Inventory Included: N/A
  • Established: 1980

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:800
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Commercial building with concrete drive, fenced storage, apporx 800 sf building with office and restroom and shop area.

Is Support & Training Included:

List of customer, transition as needed.

Purpose For Selling:

Retirement

Pros and Cons:

One of the oldest companies in the area with many fences with signs. Lots of referral business and business from name recognition.

Opportunities and Growth:

Great add-on to or with landscaping, pool installation, etc.

Additional Info

The venture was started in 1980, making the business 42 years old.
The deal doesn't include inventory valued at $1,000*, which ins't included in the asking price.

The company has 1 employees and resides in a building with approx. square footage of 800 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons why people decide to sell operating businesses. Nevertheless, the true factor and the one they tell you may be 2 absolutely different things. For instance, they might say "I have a lot of various responsibilities" or "I am retiring". For many sellers, these factors stand. But also, for some, these may simply be reasons to try to hide the reality of changing demographics, increased competitors, current reduction in profits, or an array of various other factors. This is why it is extremely vital that you not depend entirely on a vendor's word, but rather, make use of the vendor's answer along with your total due diligence. This will paint a much more realistic picture of the business's existing scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of companies finance loans with the purpose of covering items like inventory, payroll, accounts payable, so on and so forth. Remember that occasionally this can imply that revenue margins are too tight. Numerous organisations come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that need to be met or might cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area bring in new consumers? Many times, companies have repeat clients, which create the core of their day-to-day revenues. Certain factors such as new competition sprouting up around the location, roadway building, and also personnel turnover can impact repeat clients and also adversely affect future earnings. One vital thing to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business regularly, the higher the possibility to build a returning consumer base. A final thought is the general area demographics. Is the business placed in a largely populated city, or is it located on the outskirts of town? Exactly how might the local typical household earnings impact future income potential?