S492 – Fast Growing Fence Construction Business

Profitable Fence Company

General Information

Description:

This well established business has been a leader in the South Texas area for over 40 years and one of the most reputable in the area. Finished at $2.346 Million in Sales for 2021 (30% growth) and over $318k in Cash Flow. Owner expects 2022 to be a 4th record year in a row. The business is located in a high, if not the highest growth area of Texas and is experiencing tremendous expansion the past couple of years due to the New Home Builder growth and getting Residential and Commercial Construction contracts, providing regular work. 2019 was a record year and 2020 is tracking similar to last year through June, even during this Pandemic, as this Fence Company, being in the construction industry, has been designated by The State of Texas, County, & City, as an Essential Business. Therefore, its growth has not been stunted, but continues to spread its wings, & new opportunities are being considered, as a priority strategy. The business offers a variety of products and services: Wood Privacy Fencing, Ornamental Iron Fencing, Residential and Commercial Chain link Fence, and Farm & Ranch Fence, Custom Fencing, Porch Rails, Stair Rail, & Landings. There is continued opportunity for growth with additional commercial contracts (which will require additional crews), and additional requested services. The business has office space for Office Staff, Salespeople, Builder Reps, & Warehouse management, & warehouse space to store equipment and inventory. The owner is selling for retirement reasons and is willing to assist the buyer with a smooth transition to be negotiated and is flexible on how the transition is structured. Included with the sale is a meaningful non-compete agreement. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Call Doug Scheiding at 210-348-8989 or email at info@bbofsa.com for more information.

Financial Information

Asking Price:

Negotiable + Inventory ($-150k)

Down Payment:

Annual Receipts:

$2,346,000 ('21)

Cash Flow:

$318,950 ('21)

Mortgage

Seller Financing:

Franchise:

Home Based:

Relocatable:

Yes

Year Established:

Prior to 1980

Year Acquired:

Employees:

5 FT 20 PT

Building Information

Building Sq. Footage:

3,600 sq ft

Monthly Rent:

$4,580 /mo

Real Estate Available: