Fencing Company of Ornamental Iron and Wood

Price: $995,000

Location: Denver, CO

Industry: Service Businesses

Listing ID: 42060381

Listing Status: New

Description

This is a very successful custom fence contractor specializing in decorative ornamental iron and custom-designed and built cedar and redwood fences. They also build stockade fences and decorative picket fences, as well as fabricating and building decorative iron gates and iron handrails. Other offerings include brick and stucco columns and walls, arbors and pergolas.

The company designs and builds a broad offering of wood fences that are built by highly skilled craftsman that are company employees, there are no subcontractors. The company has been in business since 2009 and has built a loyal, repeat customer base due to their commitment to using top quality materials and providing top-notch customer service.

The company was started by, and is operated by a husband and wife team that manages the business on a day-to-day basis. Unfortunately, the husband suffered a serious medical emergency in 2022 and it caused the business to suffer in revenue and profit. His wife continued to manage the company through the downturn and she managed to remain very profitable, although experiencing a reduction from prior years. They have managed to rebuild the business and are back on track to posting net income numbers similar to the results before his health issue. They have however decided to sell the business and retire so they can enjoy their success.

REAL ESTATE: The Business operates from its own office and fabrication facility on a major Interstate freeway. Owning the metal fab shop allows them to custom-design and build wrought iron fences and railings to the exact size and specification of the customer. The building is 1,532 sq. ft. on an 8,505 sq. ft. lot. It contains the office, iron fabrication facility, tool & inventory storage and vehicle storage. The real estate is priced at $650,000 and must be purchased with the Business. The SBA prefers to lend on small businesses that include real estate. It is easier to qualify, and they offer much more attractive terms with longer payback periods when real estate is included.

The owners will agree to remain onboard for an agreed-upon period of time for training to ensure a smooth and successful transition to the new owner.

LISTING DETAILS

Down Payment: N/A

Total Sales: $1,289,359

Cash Flow: $361,273

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $3,000

FFE Included: Yes

Inventory: N/A

Operation

Year Established: 2009

Non-Owner Payroll: N/A

Absentee Owner: No

Location

Real Estate: $695,000

Real Estate Included: No

Monthly Rent: N/A

Franchise: No

Summary

Reason For Sale:

Health issues force retirement

Training & Support:

The owners will agree to remain onboard for an agreed-upon period of time for training to ensure a smooth and successful transition to the new owner.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER