Wrought Iron Fabricators

Reference Code 0185

This is a great, unique opportunity to own a successful, profitable Wrought Iron Fabrication Shop in Wayne County. Established in 1951, this family run business has done very well for the chain of owners and now the current owner wants to retire and pass on the business. Services include: Residential/Commercial Accounts, Railings, Staircase Spindles, Window Bars, Storm Doors, Custom Iron Fabrications and so much more. All equipment is in excellent condition and maintained regularly. Current owner does no advertising…A new owner/operator with some creative advertising/marketing along with adding plasma cutting, house-call repairs, extending the days/hours, internet sales, adding a website along with a salesman to go after commercial/industrial accounts, you have HUGE potential. Buyer has the option to buy the business with or without the property. This is a turn key business only needing a new owner operator. Seller will entertain all reasonable offers and willing to train new owner! A must see/must have business!!

Business Location Wayne County, MI
Gross Sales $400,000 Cash Flow $100,000 Business Price $250,000 Down Payment $100,000 Monthly Payment $2,337.93 Interest Rate / Amortization 8% int., amortized over 7 years License Required Sales Inventory Value $40,000 Employees Full Time 1 Date Established 1951 Hours of Operation M-F 9am-5pm Rent TBD Lease Period New Lease Required Real Estate $375,000 with $100,000 down, 8% int., amortized over 10 years, balloon due in 7 years Reason for Sale Retire


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