Description of the business for sale
The Company provides temporary portable fencing for the construction industry, property management companies, government agencies, and for public and private events requiring crowd management. The need for temporary fencing continues to increase due to construction site insurance requirements, city, county, state and federal security requirements, certain hazardous materials sites, owner s vacant property liability exposure and equipment and construction materials security. The majority of product is configured as panels of various sizes produced by the company from chain link and tubing sections. Installation consists of mounting the sections in sturdy concrete stands and clamping the panel uprights to form a continuous fence. Gates and access openings are also produced. The Company serves the entire state of Washington with emphasis in Western Washington between Everett and Olympia with occasional projects in Bellingham and on the Olympic Peninsula. A branch in the Tri- Cities and a location in Spokane serve Eastern Washington.
ADDITIONAL FINANCIAL INFORMATION
•Financing: Seller will carry note for up to 85% for well qualified Buyer.
•Inventory: $150,000
•FF&E: $3,285,000
•Real Estate$450,000
REASONS FOR SELLING: Planned retirement.
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Support / Training provided by seller
The Seller is semi absentee but will provide excellent training and transition. No building skills are needed for the operation of this business.
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Description of the facilities
The three locations consist of an office-shop complex and a secured staging and storage areas. The RE is privately owned by the Seller and leased by the company and is part of the sale.
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