Listing Number: 76931-812668
Description
This business has been in operation since 1979, this family-owned business provides installation and rental of different types of fences including wood, chain-link, Trex Fencing, white PVC fencing, ornamental fencing made of aluminum or steel, temporary construction panels for lease and automatic gates with control systems. This business services the Southern Harris County area. As part of the fencing operation, the original owner added a trophy shop business in 1985 to leverage the space and employees and help offset the fixed cost across the 2 businesses. He also used the trophy shop to give back to the community. Both businesses focus on giving the best service and product to every customer.
The original operation started in the founder’s garage located in Texas City for the first few months, he then purchased and relocated the operation to the current location. The seller is looking to Sell the property with both businesses but is willing to lease the property to the right business buyer. The real estate will be sold/leased as a package deal with the fence and trophy businesses. The current seller took over the day-to-day operation in 1998 and became the sole owner in 2005 when his father passed. The business has grown considerably year over year and in 2012 a new building was built on the property with approximately 1750 sq ft of retail, office, and warehouse space to better service customer needs.
The operation’s earnings in 2022 were $154K with record revenues of 991K. 2023 will see a drop in Revenue but earnings should be the same. 2024 has started very strong and the Seller is expecting an increase in both Revenue and earnings. Most of the company’s business comes from “word of mouth” and repeat customers with minimal marketing effort currently done. Growth opportunities abound with additional marketing and expansion into Houston and surrounding markets for both the fence and trophy business.
Listing Details
- Price: $ 800,000
- Down Payment: $720,000
- Sellers Discretionary Earnings: $ 173,137
- Total Sales: $ 991,491
- Location: Galveston County, Texas
- Inventory: $ 100,000
- FF&E: $ 125,000
- Employees: 9
- Year Established: 1979
- Reason for Selling: Move on to other ventures
- Category: Construction
