Retail Fence Company with Installation and Custom Fabrication Services

Description:
The business offering is a combination of two entities, a retail fence company with over 22 years of experience in the industry, and a fabricator & wholesaler company, specializing in PVC and aluminum fence products.

Key Aspects:
• From 2020 to 2023, gross profit margins for the full-service fence company and fabricator & wholesaler have averaged 31.9% and 21.6%, respectively
• In-house fabrication operation, reducing overall expenses
• The company has been in operation for nearly 50 years
• Diversified fence options, including PVC, chain-link, wood, aluminum, and composite
• Strong market position in its local metro area, a result of its high-quality products, installation, and customer service
Financial Notes:
• Management notes that the decline in financial performance in 2022 was largely due to the timing of projects. In 2022 management expected a significant number of projects to finish by YE; however, due to delays, many of these projects finished during Q1 2023, with corresponding revenue recorded during that year.
• Revenues attributable to intercompany transfers provided by management have been eliminated. Additional adjustments may be required.

Opportunities:
• Capitalize on the increase of housing construction due to the consistently strong new-build housing demand
• Expand the company’s efforts toward gaining new commercial customers and placing bids on related projects
• Implement a strategic marketing plan to accelerate continued growth

Headquartered:
• Florida

Current Markets:
• The company currently serves residential and commercial customers throughout its local metro area.

Real Estate:
• The company operates out of two neighboring facilities totaling 16,500 sq. ft., consisting of office and warehouse space, and are both leased from unrelated third parties.

Shareholder Ownership:
• The retail fence company is owned by two shareholders, with one active (majority) and one inactive (minority). The majority shareholder solely owns the wholesale & fabrication company. Both owners believe the company is in a position to expand and take advantage of growth opportunities in the industry. The majority shareholder would like to retire and is willing to stay with the company for a period of time for a smooth transition of ownership.