Business Overview
The business is a well-established, home-based 14-year-old fence sales, installation and repair company offering wood, chain link, iron, fences, and gate openers installed via dedicated sub-contractors to residential and commercial customers throughout the Dallas, Fort Worth Metroplex. The business has a long history of quality, timely work that consistently provides a steady stream of business, based on an estimated 2,000+ installed fence jobs. The owner has developed a strong repeat and referral customer base, plus a recognizable brand image. The owner estimates jobs (has simple formulas and steps to ensure profitability) and talks to customers. The owner does NOT install fences. The owner states that they can train any purchaser to be successful in the business if they are responsive to customers, patient, a good listener and good at basic math.
The company has more business than they can handle from referrals, repeat customers and leads coming in from the internet. The owner says that there is much growth potential with fencing, commercial business or adding decks, etc but the current owner has not been able to apply the time. This business has unlimited potential for grow. The owner states that the business has clean books with detailed job costing, bank statements, credit card statements and returns. There is additional cash business available for a new owner if they are so inclined. Owner is retiring but will stay on for reasonable training period.
Seller estimates that the number of jobs per year varies but can be reasonably estimated at 150, averaging approximately $2,500-3,500 +/- each, with a typical install time of less than 1 day. Seller estimates that, in a typical year, jobs are approximately 45% repeat customers, 45% referrals and 10% new customers. The customer base is diversified with approximately 25% commercial and 75% residential mix. The seller estimates that jobs are ROUGHLY located ~70% Tarrant County, 20% Dallas and ~10% all other counties . Seller estimates that they gets 50-60% of jobs for which they prepare a bid. The business carries all necessary insurance and maintains a positive rating.
Owner feels that a major advantage over competitors is the trained, motivated, professional contractor team (who are dedicated to serving this business first), the longevity of the business and long-standing relationships with customers. The customers are happy with the service and committed to using the company. The business is recession-resistant, and a new, energetic owner can further increase sales & profits in many ways. Owner is confident that the business could immediately achieve $1 Million+ annual sales. Seller states that they have excellent books and records and can prove all sales-expenses. NOTE: owner's cash flow is from 2022 Income Tax Return and does NOT include cash jobs.
Facilities: The business is home-based and simply requires space for an office with a file cabinet and optional storage for materials. (NOTE: materials are typically delivered directly to the job site.) Customers NEVER go to the office.
Competition: The fence construction contracting industry is very competitive. The business attracts customers from Dallas Fort Worth Metroplex, plus demand outside of this area. Despite the presence of well-established competitors, Owner feels that prompt, consistent customer service, fair pricing, honesty, and timely/professional installation have been the key to building a repeat and referral customer.
Growth & Expansion: The seller has used quality and reliable installation, great customer service, word of mouth and repeat/referral customers to build the business. The company does no outside advertising other than the company website and one industry contractor referral service.
The company receives repeat business and referrals from an estimated 2,000+ installed base of customers. Owner feels that the business could grow faster by adding a salesperson calling on builders and contractors. A new, energetic owner can further increase sales & profits in many ways: 1) Add a salesperson to call on roofers, builders, and renovation contractors. Seller feels that many more can be acquired if pursued by an aggressive owner. 2) Use lawn signs on installations for drive-by traffic and neighbor referrals. 3) Consider adding a new crew to prepare for continued growth., 4) Use technology to simplify estimating, invoicing, communication. 5) Consider adding complementary products such as gutters, drainage, sprinklers, gazebos, outdoor kitchens, Christmas light installation, ?
Support & Training: Seller will train buyer for 4 weeks included with the purchase price. Seller is willing to provide additional training at mutually agreed compensation for a finite period.
Reason for Selling: Retirement
Purchase Price: The asking price for the assets of the business is $300,000 with $60,000 CASH down payment and balance financed as an SBA7(a) loan. Seller will consider financing up to 10% of the price to a purchaser qualified/approved by the seller. Seller prefers to sell for ALL-CASH. All financing is to be personally guaranteed. Assets include at cost of $00, Accounts Receivable of $00 and FFE (Furniture, Fixtures and Equipment) valued at $00.
KEYWORDS: construction galvanized chain link gates electric privacy picket invisible split rail electric trade plumbing heat AC air weld special roof concrete water sewer drain excavation security steel wrecking demolition glass glazing tile floor carpentry gutter roofing paint swimming pool brick masonry residential commercial sell my fence business for sale
The company has more business than they can handle from referrals, repeat customers and leads coming in from the internet. The owner says that there is much growth potential with fencing, commercial business or adding decks, etc but the current owner has not been able to apply the time. This business has unlimited potential for grow. The owner states that the business has clean books with detailed job costing, bank statements, credit card statements and returns. There is additional cash business available for a new owner if they are so inclined. Owner is retiring but will stay on for reasonable training period.
Seller estimates that the number of jobs per year varies but can be reasonably estimated at 150, averaging approximately $2,500-3,500 +/- each, with a typical install time of less than 1 day. Seller estimates that, in a typical year, jobs are approximately 45% repeat customers, 45% referrals and 10% new customers. The customer base is diversified with approximately 25% commercial and 75% residential mix. The seller estimates that jobs are ROUGHLY located ~70% Tarrant County, 20% Dallas and ~10% all other counties . Seller estimates that they gets 50-60% of jobs for which they prepare a bid. The business carries all necessary insurance and maintains a positive rating.
Owner feels that a major advantage over competitors is the trained, motivated, professional contractor team (who are dedicated to serving this business first), the longevity of the business and long-standing relationships with customers. The customers are happy with the service and committed to using the company. The business is recession-resistant, and a new, energetic owner can further increase sales & profits in many ways. Owner is confident that the business could immediately achieve $1 Million+ annual sales. Seller states that they have excellent books and records and can prove all sales-expenses. NOTE: owner's cash flow is from 2022 Income Tax Return and does NOT include cash jobs.
Facilities: The business is home-based and simply requires space for an office with a file cabinet and optional storage for materials. (NOTE: materials are typically delivered directly to the job site.) Customers NEVER go to the office.
Competition: The fence construction contracting industry is very competitive. The business attracts customers from Dallas Fort Worth Metroplex, plus demand outside of this area. Despite the presence of well-established competitors, Owner feels that prompt, consistent customer service, fair pricing, honesty, and timely/professional installation have been the key to building a repeat and referral customer.
Growth & Expansion: The seller has used quality and reliable installation, great customer service, word of mouth and repeat/referral customers to build the business. The company does no outside advertising other than the company website and one industry contractor referral service.
The company receives repeat business and referrals from an estimated 2,000+ installed base of customers. Owner feels that the business could grow faster by adding a salesperson calling on builders and contractors. A new, energetic owner can further increase sales & profits in many ways: 1) Add a salesperson to call on roofers, builders, and renovation contractors. Seller feels that many more can be acquired if pursued by an aggressive owner. 2) Use lawn signs on installations for drive-by traffic and neighbor referrals. 3) Consider adding a new crew to prepare for continued growth., 4) Use technology to simplify estimating, invoicing, communication. 5) Consider adding complementary products such as gutters, drainage, sprinklers, gazebos, outdoor kitchens, Christmas light installation, ?
Support & Training: Seller will train buyer for 4 weeks included with the purchase price. Seller is willing to provide additional training at mutually agreed compensation for a finite period.
Reason for Selling: Retirement
Purchase Price: The asking price for the assets of the business is $300,000 with $60,000 CASH down payment and balance financed as an SBA7(a) loan. Seller will consider financing up to 10% of the price to a purchaser qualified/approved by the seller. Seller prefers to sell for ALL-CASH. All financing is to be personally guaranteed. Assets include at cost of $00, Accounts Receivable of $00 and FFE (Furniture, Fixtures and Equipment) valued at $00.
KEYWORDS: construction galvanized chain link gates electric privacy picket invisible split rail electric trade plumbing heat AC air weld special roof concrete water sewer drain excavation security steel wrecking demolition glass glazing tile floor carpentry gutter roofing paint swimming pool brick masonry residential commercial sell my fence business for sale
Listing Details
Category
Construction Special/Trade ContractingFabricated Metal Products Manufacturing
Detail
0
County
N/A
State
Texas
Country
USA
Area
N/A
Relocatable
Home Based
Franchise
Lender Pre-Qualified
A/R
N/A
Inventory
N/A
FF&E
N/A
Leasehold
N/A
Vehicles
N/A
Real Estate
N/A
Other Assets
N/A
Total Assets
N/A
Included
N/A
Current Liabilities
N/A