Established Fence Company With Property For Sale in Tampa, FL

Asking Price: $2,799,999 ($799,999 for business, $2,000,000 for property)
Annual Figures: 2024

Gross Sales: $1,594,972
Net Profit: $253,931

Expenses: 2024
COGS: $908,352
Salaries and Wages: $251,352

Business Highlights:
- Company in business over 20 years
- Great reviews online.
- 85% Residential 15% Commercial. 80% new fencing 20% repairs
- Does around 10 fences a week. 500 fences a year.
- Consistently booked 4 weeks out
- Jobs come from referrals mostly. Google and social media presence
- Owner, 1 office personnel, 1 foreman, 4 fence installers (2 crews). There is a 3rd truck going with repairs
- No subcontractors. All W-2 employees
- 2018, 2019, 2019 work vehicles come with the sale. Also, one wrapped vehicle for sales. Totaling around 100K in vehicles included.
- Land is 1.7 acres on a major highway. 50,000 cars a day pass by. Just appraised conservatively for $1,700,000 in August 2023. Consists of a 2400 sq ft building with 6 offices and space for retail or more offices.
- Has one tenant that rents a small space for $4500 a month. Lease started July 2025 for 3 years. That would transfer to new owner
- Projected to do close to $1,600,000 in sales this year.
- No licenses needed to run the business.
- Business can easily be doubled. Owner hasn't wanted to expand any bigger than he is now. Gets commercial work calls all the time but doesn't have the time or manpower to take it on
- There is a manager that runs install teams and equipment. Would need 1 sales guy to replace owner for quoting and emailing customers. Owner is there everyday
- Doesn't work on the weekends
- Buys direct from the manufacturer. Has a contract
- Quickbooks used for accounting. Uses iPad for jobs tracking
- Gets paid within 24-48 hours and no AR.
- 50K average working capital
- Booming area!
- Owner prefers not to seller finance
- SBA approval in the financials link
- Owner is 62 and looking to retire
- Will stay on for 3 months to help transition if needed


From Tax Return:
2024: Gross: $1,594,972
Addbacks:
Compensation of officers: $148,700
Depreciation: $2,528
Travel: $34,003
Ordinary business income: $68,700
Adjusted net income for 2024: $253,931


2023 Addbacks:
Depreciation: $12,934
Meals and Entertainment: $13,303
Travel: $41,014
Salaries:
Husband: $31,200 ($600 a week)
Wife: $104,000 (Not involved in the business)
Daughter: $20,000 (Not involved in the business)
Daughter: $20,000 (Not involved in the business)
Total add backs = $242,451
NOI on 2023 P&L: $61,630 + $242,451 (add backs) = $304,081 Adjusted Net


2022 Addbacks:
Depreciation: $66,630
Meals and Entertainment: $11,401
Travel: $27,598
Salaries:
Husband: $31,200 ($600 a week)
Wife: $104,000 (Not involved in the business)
Daughter: $20,000 (Not involved in the business)
Daughter: $20,000 (Not involved in the business)
Total add backs = $280,829
NOI on 2022 P&L: $19,326+ $280,829 (add backs) = $300,155 Adjusted Net


2021 Addbacks:
Amortization Expense: $21,800
Depreciation Expense: $18,932
Meals and Entertainment: $7,937
Travel: $23,143
Salaries:
Husband: $30,600 ($600 a week)
Wife: $102,000 (Not involved in the business)
Daughter: $20,000 (Not involved in the business)
Daughter: $20,000 (Not involved in the business)
Total add backs = $244,412
NOI on 2021 P&L: $25,526 + $244,412 (add backs) = $269,938 Adjusted Net