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Listed by:

Transworld Business Advisors Richmond

High Quality Fencing Contractor in Virginia For Sale

Virginia, US
Asking Price:
$1,400,000
Sales Revenue:
$3,395,983
Cash Flow:
$536,605

This well established, high quality, fencing contractor with 25+ years of experience and deep customer list is ready to grow! The Seller is retiring, but will stay for a reasonable amount of time to facilitate a smooth transition.

Every builder and most residential home owners in the Seller's area of operation will recognize the company's brand. New sales are 80% - 90% referrals or attracted by the Company's many four and five star on-line reviews. The business is mostly turn-key with administration, estimating and labor in place. The Seller spends most of his time reviewing estimates, builder/vendor relationships, and resolving disagreements. Accounting and payroll are outsourced.

The company has an employee retention program to keep skilled workers year over year. All employee's are W2, with the exception for a few sub-contractors. The sale includes all of the Company's assets, past customer records, website, phone number, and current work backlog of jobs not yet started.

The business records are well maintained and the company has no debt. The Seller would prefer a cash sale but will consider holding some short-term financing to facilitate a well qualified Purchaser's bank loan if required. A signed NDA and completed Buyer's Financial Profile is required before more detailed information can be share

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $5,625.00

Square Units (Foot, Meter): 3,000

Lease Expiration Date: January 30, 2025, 9:00:00 PM

Business Operation

Expansion Potential:

The company is poised for growth with an excellent local reputation and deep customer list, but it has not advertised in over 5 years. A purchaser could easily expand the business by building a social media marketing campaign. Also, adding additional services such as decks, screened porches, outdoor lighting, play structures, etc... could open up new streams of income.

Competition / Market:

There are several competitors in the same local market, however, the size of the market is large enough to support ample growth. The Seller's skill retention program keeps experienced technicians in the business. The main competitors offer lower quality fencing many with undocumented laborers having little experience.

Reasons for selling:

Retiring

Trading hours:

8 am to 4 pm

Employees:
8
Years established:
1998

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 2