Manufacturer of Fence Products

Providence, RI
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Asking Price:$2,100,000
Gross Revenue:$5,451,837
FF&E:$640,024
Cash Flow:$462,610
Inventory:$75,000
Established Year:1971
BUSINESS DESCRIPTION

Tax return verifiable with adjusted earnings provided by owners. For Eleven Months 2024 Net Income (Accrual Basis)before Owners Addbacks is $557,631 on Revenues of $5,120,544. The company provides wood and vinyl fence, railing, and gate operated products for residential DIY and commercial installations throughout Rhode Island, Southern Massachusetts, and Connecticut. The company is a branded manufacturer of fence related products and markets hundreds of products to ensure specific fencing requirements of leading construction firms and their customers. The company maintains a dedicated Wholesale Division to support both professional contractors and on-site custom fabrication shops.
Products sold:
• Wood, Vinyl, Chain Link, Ornamental Aluminum and Ornamental Steel Fencing
• High quality Vinyl and Aluminum Railing Systems
• Walk gates, Double drive gates, Entry and Estate Gates, Swing gates and Slide-gates
• Automated gate operators and access controls
• Large variety of gate hardware, fittings, post caps, solar caps, and accessories for all fence types.
• Decorative outdoor products including garden arbors, pergolas, Mailbox and lamp posts.

Sellers own real estate and will negotiate with Buyer for a long term lease potentially with options.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
6500 SF of three double story buildings
Competition
Steady.
Growth & Expansion
Add products and expand geographic sales coverage.
Support & Training
Two weeks management transition. Willing to consult after closing subject to definitive agreement.
Reason for Selling
Retirement
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Robert
Flynn
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Robert Flynn