Description
OFF-MARKET ‘Q1 2024
Solid Net Margin Established Fencing Business for Sale
Cincinnati, OH (Hamilton County)
Seller Financing Available if the price and deal structure is right.
Asking Price: $2,000,000
Cash Flow: $568,663
Gross Revenue: $4,346,296
EBITDA: See CIM
FF&E: $313,107
Inventory: $237,000
Established: 1986
Employees: 13 W-2, 6 1099
Business Description
For almost 40 years, this Company has been providing installation, service and materials for aluminum, chain link, vinyl, and wood fencing and gates for residential and commercial clients. The Company also sells fencing supplies retail and wholesale. Operated by its original owner and founder until just a few years ago, the Company was then purchased by an entrepreneur who specializes in improving business processes and growing sales for organizations in construction, engineering, and real estate. The Seller saw an opportunity to improve both top line revenue and profit margins by implementing strategic marketing programs, updating back-office systems, and standardizing operating procedures. The Company’s performance is already outpacing his projections and the Seller is ready to start looking for his exit. The next Owner of this well-established Business will inherit a longstanding reputation along with modernized and documented systems and well-trained staff. NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
Location is owned by the Seller, who intends to lease the space to the Buyer. May consider selling the real estate with the right offer. See CIM for details.
Competition:
Competition does exist; however, it is fragmented. While consumers do have options, the Company’s long-term presence in the community and commitment to delivering a high level of service and quality installations gives it a solid position in the overall competitive landscape. Strategic purchasing of materials also helps to maintain a competitive edge.
Growth & Expansion:
A few suggestions for growth include developing more crew leaders, focusing on growing commercial sales, and increasing website utilization.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
Seller will negotiate reasonable transition terms as needed.
Reason for Selling:
Seller is moving on to his next entrepreneurial venture.