Fence Contractor & Supplier, Big Profits! Central Jersey
Price: $1,520,000
Location: Somerset County, NJ
Industry: Building and Construction
Listing ID: P101023
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: $ 375,000
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.
Listing Details
Gross Revenue: $1,950,000
Cash Flow: $550,000
FFE: $300,000 (Included in Price)
Inventory: $130,000
Terms and Conditions?:
Strong cash flow, business history, and a rock-solid reputation will help secure bank
Reason For Sale:
semi-retire, family reasons.
Training & Support:
Seller is available to stay on after a sale for full training and support - short or long term
Operation
Year Established: 1989
Days & Hours of Operation: Retail: Tues & Thurs 9am to 2pm. Office/operations: Mon to Fri 9 am to 4pm
Owner Hours Per Week: 40
Employees: 5 to 7
Managers: Owner
Location
Lease Option: new lease available from seller
Monthly Rent: 10000
Type of Location: Retail store and supply yard 1+ acre. Prime Location