Contact: Arka Kargodorian At 925-818-1679 - Also Email This Contact Below
Asking Price: $750,000 Down Payment: $500,000
Annual SDC: $300,000
Annual Gross: $1,205,000
Attributes: Training & Support, Relocatable, Owner Financing
This is a 20 year old fencing business owned by the seller (husband & wife) and operated with the help of four installers, one estimator, and PT laborer as needed. The business installs and repairs entrance gates,retaining walls, as well as wood, iron, chain, and corral fences. They serve the Sacramento Valley & foothills including Placer, Sacramento, Yolo, and El Dorado counties.
The buyer has the option of doing a stock sale to maintain all the permits and licenses. The only additional license a buyer has to get is a C-13 license, and the seller will be cooperating with the buyer as necessary during the transition period. Both husband & wife are willing to train the buyer for a month at no additional charge.
The seller is willing to carry 30% of the purchase price to a qualified buyer with collateral. The numbers below speak for themselves. If you have the required down payment, please call me to get more information. No SBA loans please. Give me an offer.
January to December 2019
Gross Sales Gate Saver Pro -59.76
Gross Sales Construction 1,205,483.76
Total Sales 1,205,424.00
Equipment Rental 521.95
Auto Expense 48,709.82
Bank Service Charges 124.55
Merchant Services 12,727.31
Dump Fees 3,195.00
Employee Benefits 4,400.00
Liability Insurance 18,181.60
Work Comp Insurance 23,852.63
Office Expense 228.85
Office Supplies 51.16
Equipment Repairs 2,016.15
Payroll Tax 57,038.00
Yard Expenses,Utilities, Rent 17,625.08
Total Expenses 861,181.68
Net Profit 344,242.32
There is about $85,000.00 of trucks, forklift, trailers, etc.
Cost of inventory (about $75K) is not included in the asking price.
Wife's wage is not included in the P&L above. Buyer needs to deduct that cost ($44K) from the net profit.
To get more information about this Fence And Gate Company - Long Established business for sale in
Sacramento Area please phone Arka Kargodorian (Agent - BRE License #:01472435) at 925-818-1679 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #264845 on BizBen.com. In addition to phoning
Arka Kargodorian, make sure you email Arka Kargodorian above to get more info about this
Fence And Gate Company - Long Established, to ask any questions or request an appointment to see this
business for sale. Thank you.