Listing Number: 9525-826406
Description
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
Listing Details
- Price: $ 1,400,000
- Down Payment: $1,400,000
- Sellers Discretionary Earnings: $ 536,605
- Total Sales: $ 3,395,983
- Location: Virginia
- Inventory: $ 0
- FF&E: $ 0
- Employees: 8
- Year Established: 1998
- Reason for Selling: Retiring
- Category: Construction
