Business Summary:
A very successful, thirty (30) year old Fence manufacturing company located on a busy highway of Northern New Jersey. This is a family owned business that specializes in all types of fence installation and repairs for commercial and residential use within a 25 mile area. The business offers many types of fences ranging from chain link and ornamental to custom wood fence with mid level to high end prices. The business produced an annual income of $1,470,000 in year 2008 with a substantial net income for the owner. All equipment, trucks, etc are in excellent condition and included in the sale. The owner now wishes to retire and will supply the new owner with a long term lease. The seller will also supply a long term training period and a full non-compete agreement upon sale. This opportunity offers an excellent chance to enter a lucrative industry.
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| Year
Business was Established: 1979 |
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| Number of Employees:
9 |
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| Facilities / Terms of Lease:
Facility consists of 3,500 square feet with a large office for the owner and lots of warehouse space. The facility is on a free standing building and major highway of Bergen County, New Jersey. The owner will supply a long term lease and an option on the real estate property. The real estate purchase is available through our real estate division. Private parking for ten vehicles is available and part of the transaction. The proposed monthly rent is $4,500. |
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| Potential
Growth/Expansion:
The business can be expanded with an improved marketing plan and further promotional planning. |
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| Competition:
No similar fence manufacturing or distribution companies exist in the general area. |
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| Owner
willing to finance:
Bank & Seller financing is available for a qualified buyer. |
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| Owner
willing to train:
Seller will provide a full due diligence and training period for a qualified purchaser. |
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| Reason for selling:
Retirement after 30 years. |
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Seller Reference Number: MANU100
BusinessMart.com Listing Number: 66607 |
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