Manufacturer Of Steel Wire Racks And Retail Displays For Sale

Business description

This is a custom formed steel wire products and display producer that has been established since 1955, under present owners since 2005. This company now occupies 14,742 sq. ft. and includes A variety of metal fabrication, precision machining And automated cutting and welding operations tools. This well run, profitable company specialized in the design and production of custom wire racks and point-of-purchase displays for specialty and general retail merchandise, such as industrial fan guards with zinc or chrome finishing, counter top displays for use with bows, batteries, small packaged toys, foods, etc. Snack racks to hold a variety of snacks, coffee mug display rack, spinning calendar rack, book/magazine spinning rack, eye wear display, shoe rack, and other variety industrial and general merchandise designs.

Property information

Real Estate:

Lease

Lease terms:

14742 sq ft.
lease 3 years remaining.
Lease option / first priority of purchase process

Other information

Expansion potential:

Business growing every year, 2007 sales 983,000 discretionary earnings $175,000
2008 sales from January through July were 724,000 and on a pace to hit 1,200.000
for the year.

Support & training:

4 week 40 hours per week.

Reasons for selling:

Partnership split

Trading hours:

6:30Am - 3:00pm

Inventory / Stock value:

$40,000