Turn-Key and Profitable Fencing Co.

Los Angeles, CA (Los Angeles County)

Seller Financing Available
Turn-Key and Profitable Fencing Co.
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Asking Price: $550,000

Cash Flow: $240,000

Gross Revenue: $1,379,000

EBITDA: N/A

FF&E: N/A

Inventory: $50,000

Rent: $3,085 /Month

Established: 1985

Turn-Key and Profitable Fencing Co.

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Business Description

Profitable Commercial and Residential Fencing Co. Great books and records!

This is a true turn-key operation that is profitable. It has been in operation for over 34 years. It was purchased 2 years ago by the Seller.
The business provides quality fencing with a focus on commercial clients. The company provides services for some residential customers. There is approximately $1M of contracted projects on the books for 2019. There is no dedicated sales force in place. The seller states that the addition of a sales team could increase sales and volume under different and more involved ownership. Company holds a C-13 contractors license.
2018 sales were in the $1.3M range with adjusted net earnings of $240K+/.
The company enjoys a loyal employee base who are well trained and paid a fair wage.
The company has 5 work trucks and is fully equipped to handle the day to day workload.
There is an estimated $50K of inventory on hand that will also be included in the sale.
The company maintains excellent books and records, there should be no surprises during the due diligence process.
The business is priced aggressively to sell quickly.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
13+1 PT WO
Facilities:
Great SFV location. Long term lease possible. Current rent is 3085 per month. Easy parking and office area.
Competition:
The fencing business is strong. This business has been in operation and profitable for many years. They have manged to transition from residential only to commercial and residential sales in a short 2 year period.
Growth & Expansion:
Several possible ways to grow and expand.
Financing:
Some limited Seller finance possible to qualified Buyer.
Support & Training:
2 weeks for 10 hours per week or as negotiated.
Reason for Selling:
Other business interests
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Contact the Seller

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Brenda Bernhard, CBB

Business Listed By:
Brenda Bernhard,CBB

Strong Business Advisors

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