Construction Rental Services Niche

Greater Seattle, WA

Category: Construction - Building

	Asking:	$3,700,000	Inventory:	$4,650,000*
	Gross Income:		Real Estate:	$660,000*
	Cash Flow:		Year Established:	1976
	FF&E:	$180,000*	Employees:	13
	* included in asking price		** not included in the asking price

Summary: The Company provides temporary fencing products to fulfill a variety of needs. The construction industry, property management companies, and government agencies are increasingly in need of this service to satisfy insurance, safety and security requirements. Various sizes of panels consisting of chain link and metal tubing are mounted in concrete stands and clamped together to form a continuous fence. The panels are company constructed then site delivered and installed by experienced field crews. Operations are headquartered in Seattle. Three locations cover Washington State. Two locations are owned by the Seller and corporation and are included in the selling price. A fully serviceable fleet of trucks, support equipment and state of the art office equipment are part of the sale. The current Owner performs the duties of General Manager and is semi- absentee. All administrative functions are performed from the Seattle office including scheduling and billing. While the current Owner may occasionally be involved in these duties, he has very little direct sales relationships. The Company services the entire state with emphasis in the metro areas from Olympia to Everett. The Tri-Cities and Spokane locations cover Eastern WA. The ideal new Owner would have asset management and an operational efficiency background. This would be an excellent lifestyle business with work week hours and plenty of vacation capability.

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.

Competition: Several companies provide similar services however very strong barriers to entry protect the Company from market share erosion. The Company holds substantial long standing contracts and enjoys an excellent reputation for quality and performance.

Growth and Expansion: Sales are ALL inbound. No direct sales effort is made. Currently there is very little proactive print and internet marketing. The customer list is very diverse with considerable repeat business.

Financing: Seller will carry a substantial note for well qualified Buyer.

Support/Training: The Seller is not involved in customer contact so transition will be transparent. Assistance and any necessary training to facilitate a smooth transition will be provided as needed.

Reason for Selling: Planned retirement after 30 years of operation

For more information please contact:

Michael G. Roupp
michael@rouppacquisitions.com
P (206) 915-9635