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Fence Contractor And Supplier Big Profits For Sale

Somerset County, New Jersey, US
Asking Price:
$1,520,000 Furniture / Fixtures included
Sales Revenue:
$1,950,000
Cash Flow:
$550,000

This business is a very busy commercial and residential fence contractor and retail supply store established for 35 years. Strong profits with very strong demand and excellent growth prospects. Run by a hands-on owner handling operations with employees who are skilled and reliable. Located strategically on a busy route. the business is highly visible with a retail store and large, secure yard with plenty of room for inventory, equipment, and growth. Business comes with strong assets including trucks, forklifts, tractor/loader, mini skid steer, trailer, mobile air compressor, jack hammer and many other tools of the trade.

The company supplies and installs all kinds of fencing, sheds, gazebos, and other outdoor yard structures like arbors, dog houses and dog runs, and more. The business is a recognized member of the American Fence Association and is known for providing high quality materials and installation work for many years. The owner operates with a strong sense of pride that shows in their workmanship and reputation. They are consistently recognized as best in their field year after year and the business has strong sales and earnings year to year with considerable growth for 2023.

Business Price: $1,520,000
Annual Cash Flow: $ 550,0000
Gross Revenue: $1,950,000
Inventory at Cost: $ 135,000 (Avg)
FF&E: $ 300,000
Rent: $ 10,000
Established: 35 years

The owner runs the business day to day and has been highly successful. He is seeking an early semi-retirement but will be available to stay on full time or part time to assist with a transition or for a longer term. A buyer with the best fit will be one willing to be hands on in business.

Property Information

Real Estate:

Lease

Lease Terms:

$10,000 monthly for retail store and office, and 1+ acre of yard space with all storage structures, etc.

Leasehold Rent:

$120,000 per annum

Location:

excellent mixed-use retail & commercial location on busy route with parking and high visibility. The business has over 1 acre of yard space set up well and with room to expand.

Premises Details:

large outdoor display area out front and over 1 acre of yard and storage space in back.

Business Operation

Expansion Potential:

strong growth both with core business as well as selling shed and other outdoor structures, outdoor furniture, and other landscape material supply.

Reasons for selling:

semi retirement, family reasons

Trading hours:

Mon to Fri

Employees:
5 to 7
Years established:
1989

Other Information

Support & training:

Seller will provide full training and support after the sale for either short term or long term. Seller is willing to stay on to assist a new owner as needed

Financing available:

bank financing

Furniture / Fixtures value:
$300,000 - included in the asking price
Inventory / Stock value:
$130,000