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High End very profitable fence company with excellent reputation

New Jersey (Passaic County)

Services - Landscaping & Yard Services | Construction - Special Trades

Asking Price $575,000 Inventory  
Gross Income $675,000 Real Estate  
Cash Flow $325,000 Year Established 1988
FF&E $60,000* Employees 6

* included in the asking price

** not included in the asking price

This 20 year old business has been increasing sales every year. It is highly profitable and has very little competition. It is located in an affluent suburb. It services Passaic, Bergen, Hudson and Morris counties in NJ, and Orange and Rockland counties in NY. It does several types of fences and only services the high end of the business as it is the most profitable. It very often turns down business as the owners do not wish to expand the business. The workers have been with the company for several years and know the business. The business is not difficult to learn.

Facilities: 2001 Ford F250 super cab diesel engine $14,680 2005 Ford 550 diesel 4wd 12" rack body dump $40,000 2 Ponjaar rock drills $1500 each 10 various chain saws, and several items such as wheel barrows, pull jack stretchers, fencing pliers etc. All equipment in very good condition

Competition: This is a high end fence company. It has contracts with two utility companies, and has several contacts with local governments. It does work for local governments and hasa very good reputation. Almost all of its business is from referrals. The competition is below normal.

Growth/Expansion: The owners have never tried to expand the company as they do not wish to have a large company. They turn down business. Even last year their year over year sales were up by 5%

Financing: Depends on buyer's track record

Support/Training: The owner will stay and train new buyer. Will also stay as a consultant and work on fence installations for a year. Financial details to be worked out

Reason Selling: The owners wish to retire and move South

Business For Sale By

Terence Pires

973-220-6131

Seripco Inc

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