Fence & Deck Company with a Decades-Long Operating History
| Asking Price: | $1,000,000 |
| Real Estate: | $1,315,000 |
| Gross Revenue: | $4,847,366 |
| Established Year: | 1964 |
Recognized Brand | Experienced Management Team | $5M in Revenue
The Company is a residential and commercial fence and deck installer that offers a complete line of chain link, wood, ornamental aluminum, steel and PVC fences. In addition, they offer custom deck design/installation and automatic gate access systems.
They currently operate with a full-time staff of almost 20 employees, and they make use of contract labor which allows them to run up to 15 crews per day. The staff includes a highly experienced general manager who runs all day-to-day activities.
In recent years, the business has generally experienced break-even profitability. Their average revenue over the prior 3-years has been roughly $5,000,000. A new owner has the opportunity to boost margins by revising the pricing strategy and targeting larger jobs. If the company consistently charged the same markup as their most successful competitors and sold the same number of jobs as in the twelve months ending September 30, 2023, EBITDA would have been close to $1,000,000.
This sale is an opportunity for a new owner to capitalize on the company’s experienced staff, positive brand recognition and existing infrastructure to dramatically boost revenue and profitability. Through hands-on management, a new owner should be able to increase the gross profit margin to industry standard levels and trim certain expenses. In addition, an updated advertising strategy, including SEO and effective use of PPC advertising, could dramatically increase revenue. To support the sale, the current owner is willing to provide attractive seller-financing to a qualified purchaser.
Please use the contact form to request an executive summary and NDA. Once the NDA is signed, a detailed CIM will be sent to you.
