$1.2 Million EBIDTA - S. California Fence Contractor (Under Contract)

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$1.2 Million EBIDTA - Southern CA Fence Contractor - Absentee Run
Asking Price:
$4,125,000

Gross Revenue:
$8,000,000
Cash Flow:
 Not Disclosed
EBITDA:
$1,200,000
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Established in the 1950’s, the business provides residential, commercial and industrial fencing to a large, stable and growing southern California market with many repeat customers. The diversified customer base includes commercial clients, municipal and quasi-governmental facilities, private and public works contractors as well as residential homeowners. Customer service has always been a priority while serving both the public and private sectors, and well over 50% of its business comes from repeat customers. Though the public works sector contributes, since the business is a non-union contractor, it has always been able to benefit with a competitive advantage and higher profitability servicing the private sector.

About the Business

Location:
California
Year Established:
1953
Number of Employees:
40
Real Estate:
Leased
Building Sq. Ft.:
43,000
Rent:
$14,400.00 Per Month
Facilities:
The business is fully staffed with highly qualified people at all levels and operates autonomously at arms-length with the owner through phone and computer conference calls. There are periodic visits and quarterly scheduled meetings.
There is sufficient rolling stock, tools and equipment to support existing demand and all equipment is fully operational and maintained, along with bobcats, compressors, augers etc.
A fabrication shop provides necessary support as needed along with welders, saws, iron worker and other equipment.
Website:
www.fencehub.net
Market Outlook/
Competition:
The southern California construction market has seen a very stable, diversified and consistent demand and growth for the past 7 – 8 years. The current Chapman University Economic Forecast for local General Construction indicates a continued growth of 2 – 3% for 2019.
Growth & Expansion:
The business has a strong backlog and has been able to further focus its business growth during this period to a selected group of contractors that provide repeat business on projects that are mutually beneficial and allow opportunities to value engineer savings for owners, improving profitability for all participants. In addition, the business advertises to the residential, commercial and selected market niches where it enjoys a historically dominant position.
The business is ideally suited and ready to expand under new, entrepreneurial management.
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About the Sale

Reason For Selling:
Owner Retiring
Training/Support:
The owner is available to provide post-close training, included in the price and, beyond that can agree to a mutually beneficial consulting agreement.
Seller Financing:
SBA Financing Available

Listing Info

ID:
1449002
Ad Detail Views:
0

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Business Listed by
Jim Sypitkowski

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U.S. Census Data for California
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for California
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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