Business For Sale. Fencing Manufacturer

Fence Corp of America is a leading manufacturer of metal, wrought iron, security and decorative fencing. The current facility is located in the midst of a modern industrial park on a major street with easy freeway access. The modern concrete tilt-up 23,050 square foot industrial facility has 3,000 square feet of quality offices, 18 foot high ceilings, abundant 3 phase electrical power distributed throughout, full fire sprinkler protection and a large paved storage outside yard. The company invested nearly 24;1.5 million in capital including the automatic welder and a fully automated paint line including water based and powder coat painting. The current facility is designed to run at 3 shift capacity with a throughput equivalent to support approximately 24;20 million dollars in sales. This is an ideal opportunity to acquire a premier manufacturing business. The company was sold to the current owner in Oct. 2006. He has made many efforts to trend sales upward, while cutting costs, but has not realized the rewards as yet. The previous owner did not experience a similar decline in revenues during the last recession.The offering is a bill of sale for all equipment and inventory used in the manufacturing of fence panels and products. The automated welder, state of the art powder coat paint booth system and saleable inventory alone exceed the asking price. Included in the sale are all the other assets of an operating business, name, customer lists, WIP, employees etc., excluding cash, AR and AP and any reps and warrants. This is a turnaround situation and the buyer must be prepared to invest additional capital.For more information, please contact Scott Probst at (310) 539-8300.