Established Iron Working Business
LISTING ID # 37014
45 YO Iron Working Business. They specialize in all aspects of iron working, but primarily wrought iron and aluminum gates, railings, balconies, and seatings for commercial and residential use. Their accounts range from homeowners to contractors, builders and other trades. Tremendous goodwill has been established. The owners are seeking to retire after a great run. For the past few years that have been sending work out to others as they have been slowing down. The 2,200 sf shop has every piece of iron working equipment you would every need with a rent of only $2,200/mth. In fact, the equipment alone would run well over $125K if you had to replace it. In the past year the business grossed approx. $300K with an owner’s cash flow of approx. $102K. We are seeking a serious and financially qualified buyer with at least $125K in liquid funds. Negotiable. The ideal buyer would be full-time owner-operator, with some background in iron working or a related field. The current owners are willing to stay on for a training and transition period. There is also one full-time employee. Proof of funds will be requested before any buyer-seller calls or meetings. All meetings must be made by appointment only!
Financials (USD)
Asking Price $125,000
Cash Flow $100,000
Sales $300,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? No
Principals only? Yes
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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