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Businesses For Sale   >>   San Jose Businesses For Sale   

Bay Area Fencing Company For Sale

Location  San Jose, California, United States
Asking Price Range  < $250K
Gross Revenues  $777691
Net Profit / Cash Flow  $127018
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2013
Number of Employees  4 - 5
Inventory  35000
Relocatable  Yes
Number of Employees  4 - 5
Real Estate  Leased
Training  Owner will stay on as RMO and will train
Reason for Sale  Health and develop patent

Description  
BAY AREA FENCING CONTRACTOR BTI # 8149 This Bay Area fencing company was only started in May 2013, but the owner has stated business is booming with a present gross annualized run rate of $777,691 and an annualized SDE run rate of 127,018 for the first five months of 2014. Business continues to build each month with May 2014 gross revenues of $125,000. The seller claims 2014 should finish in excess of a projected net of +200,000 for the year! The owner has started and sold four similar companies that have gone on to become very successful businesses. He would like to build this business into a success, but has run into serious health issues plus he wants to develop a patented tool related to fence building. He has built and patented the tool; the patent is not part of this sale. He will be manufacturing the tool at his present location so a buyer will have to move the business to their location or find a new location. The business will require a Fencing Contractor C13 License but the seller will stay on as the RMO to allow the buyer time to obtain their own license. Sales : $777,691 Cash Flow: $127,018 Annualized 5 mos ending May 2014 from P&L Purchase Price: $200,000 Down Payment: $200,000 Rent $0 NNN $0 Bldg Size (SqFt) 0 Lease Exp N/A Option Yrs: 0 (see comments) Employees FT: 4 PT: 0 Owners: FT: 1, PT: 0 Reason For Sale: Health issues & to develop an industry related patent Hours: Mon-Friday 8:00 - 5:00


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